Bitcoin 

Bitcoin Price Rebounds to $10,500 After Dipping Below $9,000

Earlier today, on December 2, the bitcoin price recovered to $10,500, after dipping below $9,000 on November 30. Since November 1, within a one-month span, the bitcoin price demonstrated a staggering 42.8 percent increase, from $6,000 to $10,500. Analysts expected a major price correction to occur in the cryptocurrency market, given that the value of other leading cryptocurrencies such as Ethereum and Bitcoin Cash have increased substantially along with bitcoin. Historically, the price of bitcoin tends to follow a trend in which it achieves a new all-time high, suffers a…

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Bitcoin 

Bitcoin Price Rebounds From $5,500 to $6,200, Ready For a New Rally?

Over the past 24 hours, the bitcoin price has demonstrated extreme volatility, declining to $5,500 at one point. Since hitting a new weekly low, it has recovered to $6,200. The recent decline in the price of bitcoin can be wholly attributed to the surge in the value of Bitcoin Cash, and the movement of SegWit2x supporting investors, users, and businesses shifting toward Bitcoin Cash with one unified vision. Consequently, the price of Bitcoin Cash has increased from $600 to $1,500 in the past week, reaching $2,800 earlier today. As the…

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