Chinese exchange is closing: Bitcoin price is down $500
Significant declines in prices for Bitcoin and Ethereum following the potential crackdown on exchange platforms by Chinese government have shaved $40 billion off cryptocurrency market cap over the past couple of weeks. On Thursday, Bitcoin price tumbled another 8%, falling to $3,380.60. The world’s most popular cryptocurrency by market cap has seen a decline in price on nine out of last thir...
For the first time in history, Bitcoin has crossed the $5,000 threshold
On Saturday, the most popular digital currency traded at $5,103.91, according to CoinDesk. The brand new All-Time High helped to boost the entire cryptocurrency market cap, including Ethereum and the “younger brother” of Bitcoin, Bitcoin Cash. Last week, the market capitalization of digital currencies has reached $176 bln. However, Bitcoin wasn’t able to stay above $5,000 for too...