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Bitcoin and Altcoins Start Strong Downside Correction


Yesterday, there was a sharp rise in bitcoin price above the USD 13,000 resistance levels. BTC/USD traded to a new yearly high towards USD 13,800. However, an outage of Coinbase’s website and API triggered a nasty decline below the USD 13,000 support level. The price even broke the USD 12,000...

Markets Update: Cryptocurrency Prices See a Slight Correction


Cryptocurrency prices have corrected over the last 24 hours as most digital assets have dropped in value between 6-10% since June 2 at around 6:45 p.m. EST. At press time the entire cryptoconomy is valued at $250 billion with about $80.5 billion in global trades in the last day. Also read:...

Coming Next: Bitcoin Correction and Best Buying Opportunity Since 2015


___ Juan Villaverde is an econometrician and mathematician devoted to the analysis of cryptocurrencies since 2012. He leads the Weiss Ratings team of analysts and computer programmers who created Weiss cryptocurrency ratings. Bitcoin surged to a 2019 high of USD 8,373 on May 16. And on that same...

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