In brief
Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
$81,135.00
6.08%$2,623.78
7.12%$766.91
5.31%$1.40
8.10%$0.99974
0.01%$112.86
12.04%$0.33832
1.40%$1,463.67
0.36%$1.031
0.73%$91.57
11.67%$0.087726
7.77%$559.88
9.79%$83.39
5.77%$1.00
0.03%$0.01341239
3.36%$12.28
8.60%$0.222196
10.38%$8.89
-0.34%$0.193246
4.70%$8.91
17.31%$253.36
9.27%$3.77
26.80%$0.999719
0.03%$57.06
6.75%$0.999549
0.04%$0.10936
10.40%$1.37
2.35%$8.29
9.31%$0.078936
5.07%$0.805584
10.39%$0.999926
-0.00%$0.00000547
6.49%$1.32
13.02%$0.059764
4.08%$251.57
9.64%$1.00
0.06%$4,381.29
0.74%$1.14
0.03%$116.49
3.90%$1.00
0.00%$0.999967
-0.01%$1.15
0.01%$138.21
8.52%$0.00438403
12.07%$0.618201
8.95%$0.753133
1.72%$0.398102
6.47%$1.13
6.46%$4,376.40
0.63%$0.058545
0.67%$0.658914
-7.41%$0.166933
9.17%$2.41
8.86%$0.069741
18.20%$0.00000386
6.74%$2.84
8.32%$0.00000169
1.81%$0.998857
0.06%$0.420337
11.10%$0.219538
24.18%$2.01
4.33%$0.999852
0.04%$1.16
0.07%$0.999869
-0.06%$0.995887
0.04%$0.999425
0.02%$27.47
9.63%$8.14
10.23%$4.79
2.33%$0.104437
5.79%$9.91
5.78%$0.03697154
10.69%$7.19
2.60%$106.54
0.00%$0.085356
4.38%$0.114962
-0.20%$63.88
4.31%$1.68
8.14%$0.26608
14.79%$0.097136
7.94%$0.03826941
83.24%$2.46
0.08%$0.837623
3.52%$1.55
9.53%$1.22
0.07%$1.05
0.01%$60.30
-0.31%$0.902578
10.69%$0.749015
21.03%$11.22
0.01%$0.9989
0.04%$0.02565887
11.60%$0.00783359
6.27%$0.679209
15.77%$6.66
18.68%$0.699024
20.44%$0.075537
-0.48%$0.00666675
4.58%$2.10
7.81%$0.02790457
3.89%$0.998808
-0.02%$0.343695
6.39%$0.276738
11.28%$0.517247
9.01%$0.999663
-0.00%$0.999327
0.04%$0.0078328
8.65%$0.999695
0.06%$0.059897
6.75%$0.506642
9.52%$0.683492
7.54%$1.15
0.12%$1.72
17.74%$2.63
13.87%$0.01162039
-2.29%$1.63
35.84%$0.659996
8.76%$0.00732962
-0.89%$0.184015
9.86%$1.14
8.65%$0.02388479
9.30%$0.125003
-3.80%$0.40266
13.97%$1.12
0.01%$17.26
6.42%$140.05
0.05%$0.399206
11.82%$0.131952
-1.07%$0.00000033
3.43%$116.59
0.01%$0.01694719
1.96%$0.999181
-0.05%$0.999211
0.11%$0.04780784
9.28%$0.981832
0.31%$119.23
4.81%$0.04255934
50.03%$0.281324
13.02%$0.309518
-12.21%$1.00
0.05%$17.07
1.56%$20.13
0.19%$0.296275
30.61%$0.976209
45.18%$0.02446841
6.91%$0.289196
13.28%$0.00005231
4.47%$1.10
0.04%$0.11588
14.79%$1.04
48.80%$6.26
10.20%$0.110249
5.33%$0.094737
11.62%$0.00000297
9.93%$0.04932384
7.45%$0.220196
6.98%$0.00000122
1.11%$0.00002596
7.34%$66.53
1.90%$0.00000024
-0.59%$0.450712
1.74%$0.999683
0.04%$0.999425
0.04%$0.342775
3.72%$68.26
1.09%$0.230246
3.39%$0.546457
4.10%$3.45
32.43%$0.226019
14.40%$0.219659
-10.03%$0.261955
12.82%$0.01997607
8.03%$0.992552
0.13%$0.232802
14.96%$0.999568
0.03%$0.20791
12.39%$20.75
6.62%$0.207505
12.20%$0.04415634
9.57%$0.583321
-2.51%$0.02523146
14.56%$1.00
0.00%$21.16
0.04%$0.0040592
3.20%$1.15
0.06%$0.0297276
3.46%$2.02
4.82%$0.99918
0.04%$0.00183304
3.68%$2.98
37.54%$0.5417
8.41%$0.181274
8.23%$1.017
8.18%$0.177585
-2.06%$1.37
0.47%$0.174424
235.47%$0.0490903
4.51%$0.170153
1.59%$1.038
-1.62%$1.096
0.01%$0.00424245
6.41%$1.021
0.03%$1.81
1.12%$1,965.45
4.83%$0.164987
13.85%$0.552347
8.20%$0.00000814
10.80%$1.00
0.00%$2.30
8.26%$0.081164
-9.14%$0.04280615
2.44%$0.08492
-2.37%$0.02836523
2.29%$107.29
2.05%$0.324384
4.15%$0.01475314
3.17%$0.060546
21.08%$0.078084
5.56%$0.00153317
5.29%$0.338108
4.15%$0.090103
17.01%$0.998132
0.03%$0.296692
6.35%$0.155202
17.43%$0.361098
5.78%$0.57894
7.58%$0.959234
3.33%$0.259917
17.07%$0.00672777
-1.05%$7.78
7.61%$0.136149
5.55%$0.096694
6.41%$0.0193461
4.10%$0.104347
9.20%$1.00
0.00%$0.067193
4.66%$0.223138
7.37%$0.01785094
10.49%$4.16
8.11%$0.00638173
-0.45%$0.99904
0.09%$0.080824
0.62%$0.999448
0.04%$0.03248079
21.29%$0.130809
0.01%$0.03879357
3.83%$0.12337
7.15%$0.261859
13.18%
Traders this week watched the price of Bitcoin rise and rise, only to fall later in the week. As of June 28, the price of Bitcoin is $9,054, according to data metrics site CoinMarketCap.
Bitcoin started the week with strength, at around $9,300. Come Monday afternoon, it fared even better, rising to its weekly high of $9,680, dangerously close to the price point that it’s been pining for these past few weeks: $10,000.
But alas, a swing and a miss this week. Traders’ luck ran out on Wednesday, when the price of Bitcoin fell throughout the day. By the early hours of Thursday morning, Bitcoin’s price had fallen to lows of $9,114.
Things didn’t get much better for Bitcoin. It hit $9,320 later that day, but the price fell throughout the rest of the week to lows of $8,975 on Sunday.
Its low of $8,975 this week is the lowest Bitcoin’s been for just over a month; the last time Bitcoin’s price was this low was on May 27.
All of this suggests that Bitcoin’s struggling to push past the illustrious, mythical price point of $10,000.
The $10,000 figure is so important to traders because that was the price of Bitcoin in February.
In mid-March, the price of Bitcoin was cut in twain when it crashed along with global markets. The markets were worried about the uncertainty caused by the coronavirus pandemic.
Bitcoin has largely recovered. It’s even pushed past the $10,000 price point several. But nothing’s stuck. Bitcoin’s weak end to the week serves as a reminder that things still aren’t back to normal.
Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
