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Bitcoin dips below $70k, keeps bullish hopes alive for a rebound


Bitcoin was previously teased to climb the ladder and reach closer to $84,000. That didn’t happen, but what has happened has signaled the potential for a rebound. Interestingly, it is a dip below the mark of $70,000. Industry experts believe that the dip has brought the opportunity...

Bitcoin Dips Below $70K, Reaches $68,450 Low, $86M in BTC Longs Liquidated


The price of bitcoin fell on Friday afternoon after spending several days above the $70,000 mark. The value dropped to $68,450 on Bitstamp, currently down $1,700 from its intraday high. Bitcoin’s Sudden Drop Impacts Entire Crypto Economy Wipes Out $454M in Longs Bitcoin (BTC) plummeted to...

Bitcoin Mining Power Wanes — Network Hashrate Drops Below 600 EH/s


Bitcoin’s hashrate has once again dipped below the 600 exahash per second (EH/s) threshold, following a brief increase in computational power on May 26. Since then, the seven-day simple moving average (SMA) shows that the network has decreased by at least 74 EH/s over the past week. Bitcoin...

Synthetix Stablecoin SUSD Drops Below $1 Parity, Struggles to Rebound


According to current market prices, the synthetix usd (SUSD) stablecoin has fallen from its intended $1 parity. Charts show the token dipped to a low of $0.915 and is now trading at $0.958 per unit as of 8 a.m. EDT on Friday. SUSD Stablecoin Plunges to $0.915 Another stablecoin faces challenges...

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