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Bitcoin’s March Gains Help Erase Memories (and Losses) From Awful 2022 Start
Cardano and Solana rose 27%, outperforming bitcoin. Bitcoin, after suffering one of its worst-ever starts to a year, came back strong in March with a 9% gain, almost completely reversing losses from earlier in 2022 and outperforming U.S. stocks while leading a rally across broader digital-asset markets. Alternative cryptocurrencies known as altcoins also boasted gains,…
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Bitcoin surges above $48,000, turns positive for 2022
The price of bitcoin jumped Monday following a slew of bullish developments for the cryptocurrency, even as investors continue to monitor developments in the war in Ukraine and moves by the Federal Reserve. Bitcoin extended gains from a late Sunday rally, when the cryptocurrency broke past the key level of $45,000 and erased its losses for…
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Experts Say Bitcoin Could Hit $100,000 In 2022. Here’s What Investors Should Know
It’s been a rocky start to the year for Bitcoin, but experts still say it will hit $100,000 — and that it’s more a matter of when, not if. Bitcoin’s price dropped below $20,000 Saturday as investors continued to bail out of risky assets amid macroeconomic uncertainty. Several factors are contributing to growing economic anxiety including surging…
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Bitcoin slumps to $35,000 as cryptocurrencies extend steep losses
Cryptocurrencies continued their dramatic slide on Saturday, with bitcoin losing nearly half of its value since hitting its November high. Bitcoin, the world’s most valuable cryptocurrency by market value, tumbled about 8% on Saturday to trade just above $35,000. The coin hit a record high of $69,000 in November. Meantime, ether, the second-largest cryptocurrency by market…