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9000, bitcoin, breakout, bull, bullish, climb, cryptocurrency, market, price -

The price of bitcoin, the most dominant cryptocurrency in the global market, has recovered beyond the $9,000 for the first time since March 14, exactly a week ago. Short-Term RecoveryIt is still quite early to determine whether bitcoin and other cryptocurrencies will be able to sustain the current momentum in the upcoming weeks. While bitcoin has rebounded over the past few days, it has only recovered from its price drop that occurred in mid-March. Two weeks ago, the price of bitcoin peaked at $11,600, and the cryptocurrency is still $2,600 away from reaching its monthly high. Last month, the price...

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9000, altcoins, bitcoin, bitcoin cash, price -

Bitcoin (BTC)’s price dropped below $9,000, dropping to $8,539 on Friday, March 9, according to data from CoinMarketCap. At press time, Bitcoin is trading at an average of $8,809, down 9 percent on the day.   Sponsored After hitting a weekly high of $11,675 on March 5, Bitcoin started dropping, losing almost 27 percent to today’s lows. To compare with yesterday's downturn of 4-6 percent losses across top cryptocurrencies, today losses among top-10 altcoins on CoinMarketCap reached up to 16 percent. Image source: coin360.io Total market capitalization for all cryptocurrencies hit a monthly low of $344 bln today, currently at $358 bln. Among the top ten altcoins in...

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9000, bitcoin, btc, bullish, bullrun, futures, struggles -

After a week of robust gains in the cryptocurrency market, the No.1 digital asset, bitcoin, has run into resistance as industry headwinds put its recent rally in jeopardy. “Bitcoin seems to be facing difficulties in moving beyond $9,000. The increase in mining complexity and the peak output of new capacities to the market at the end of 2017 have led to miners facing several issues after price correction,” FX Pro said in a morning report Tuesday. The price of a single bitcoin BTCUSD reached an overnight high of $8,973.12 but have since retraced to a session low of $8,370.48, according to CoinDesk....

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