In brief
We do the research, you get the alpha!
#Bitcoin 🙀
— Dave Portnoy (@stoolpresidente) September 7, 2020
$65,071.00
4.15%$3,103.02
2.07%$6.80
2.11%$560.32
2.76%$143.72
6.58%$1.001
0.09%$3,097.34
2.13%$0.501226
1.61%$7.17
18.59%$0.152472
2.95%$0.466951
4.19%$0.00002337
5.15%$35.37
1.94%$65,034.00
4.63%$0.109185
0.17%$479.22
-0.80%$13.79
3.74%$0.679661
0.50%$13.54
11.26%$81.16
0.50%$5.64
-0.95%$7.53
6.62%$5.85
0.27%$9.56
0.71%$26.07
0.99%$1.15
2.01%$2.48
4.45%$1.00
0.55%$6.22
5.74%$0.125013
1.86%$55.20
0.43%$0.11256
2.95%$8.27
1.51%$8.19
5.12%$3,133.89
2.79%$467.81
2.71%$1.15
0.10%$2.06
5.77%$0.04106013
6.29%$0.0829
3.45%$2.91
18.78%$2,998.95
-5.66%$0.115884
-2.42%$28.05
5.51%$0.258154
5.40%$1.003
0.64%$2.25
1.61%$3,222.60
2.52%$2.13
7.43%$0.0000052
3.89%$115.49
-0.50%$2.07
1.80%$0.707281
5.63%$10.90
12.79%$2.02
1.80%$27.38
12.56%$3,427.20
1.91%$5.23
13.58%$1.94
-5.12%$1.22
-4.77%$0.04437786
7.29%$1.29
4.74%$107.33
3.43%$0.555032
10.99%$3,186.98
2.98%$0.02810721
8.11%$1.018
14.72%$0.174856
2.16%$1.043
9.74%$0.00014201
4.31%$9.54
3.18%$0.886567
3.14%$18.76
8.80%$66.15
-0.08%$86.72
1.92%$0.03220026
0.44%$0.00000127
2.35%$3,080.02
2.43%$2.30
5.44%$14.34
4.43%$0.02245785
-9.42%$0.782671
1.61%$0.869354
5.82%$0.606495
6.91%$40.82
1.28%$1.068
-6.09%$0.00005117
2.20%$0.445952
2.96%$3.18
2.90%$6.95
0.01%$0.00001478
3.83%$2.95
5.23%$0.10811
0.86%$0.980011
2.53%$4.95
2.67%$0.23471
1.92%$0.613196
5.99%$1.26
1.61%$43.51
1.34%$16.16
3.37%$6.77
4.72%$3.92
2.10%$0.786975
7.26%$0.01860531
3.36%$347.70
4.08%$171.00
6.73%$0.02001103
2.99%$0.808275
3.57%$8.80
4.82%$0.436015
1.80%$1.23
0.55%$1.22
4.09%$3,128.22
3.34%$0.229187
4.60%$12.95
5.71%$0.679264
3.86%$19.20
5.28%$2.30
5.56%$0.980551
0.14%$0.649698
3.22%$1.71
6.17%$2.79
2.50%$3,091.04
2.61%$0.188416
4.27%$1.22
0.33%$0.10067
10.19%$170.25
6.30%$4.04
-2.90%$3,258.04
1.89%$1.001
0.62%$3.81
5.85%$35.64
0.26%$0.00181771
5.99%$0.399773
5.27%$95.74
8.08%$0.933239
2.74%$0.00010232
2.89%$2,378.17
-0.38%$0.712936
5.50%$3,304.30
2.38%$0.103275
4.88%$5.91
-2.37%$0.00000027
3.84%$0.086616
2.73%$0.053797
3.54%$0.04041214
8.21%$0.00995584
9.99%$1.79
0.30%$0.295113
3.93%$0.063179
-5.06%$0.879249
4.22%$5.40
0.22%$1.47
0.98%$0.438834
1.18%$0.753864
28.06%$0.054898
4.81%$1.002
0.26%$3,362.37
2.15%$0.42748
8.79%$0.00553821
14.92%$0.095021
2.96%$0.335521
4.95%$0.38335
4.12%$1.12
7.24%$1.032
8.53%$0.238759
3.04%$1.86
4.78%$0.04622877
7.56%$0.442336
3.64%$0.02505194
5.86%$0.00000045
0.90%$0.528379
8.38%$21.77
7.65%$0.02651946
4.24%$2,393.38
-0.16%$13.94
3.43%$0.809571
3.02%$0.03111119
7.54%$4.08
7.77%$3.98
8.47%$0.614394
2.41%$0.00747994
3.66%$1.59
8.23%$1,306.93
3.54%$3.62
4.03%$0.00234941
7.48%$53.55
-0.73%$0.569448
2.84%$12.87
11.61%$3.44
24.28%$0.00703362
1.66%$0.03196607
28.67%$5.00
2.85%$0.516937
3.05%$3.66
7.17%$0.823543
1.51%$55.44
4.34%$3,173.85
1.69%$0.930775
2.61%$0.250352
4.69%$0.372913
4.73%$0.03089826
2.21%$0.747746
-0.72%$3.99
24.27%$1.70
10.34%$5.51
9.79%$62.72
9.44%$29.56
4.09%$4.14
22.44%$0.378995
30.30%$22.52
5.40%$21.05
4.09%$3.48
5.30%$0.03712241
5.26%$62.36
1.77%$0.03409586
3.49%$8.17
1.32%$0.421283
5.80%$0.258207
3.37%$0.116506
10.56%$0.740406
3.33%$0.927348
4.50%$30.33
2.12%$0.00597969
4.21%$1.22
2.82%$0.03264068
2.93%$31.86
2.59%$3.86
6.32%$0.275373
1.28%$28.74
0.28%$25.84
10.41%$0.314042
4.47%$25.92
4.12%$0.748473
-1.39%$40.41
0.74%$2.35
5.25%$0.851057
4.61%$37.64
5.15%$0.00000035
7.47%$0.00349821
4.54%$0.399503
3.54%$0.157698
7.63%$62.96
-0.17%$12.19
69.26%$0.314197
4.83%$1.75
21.22%$0.285706
4.47%$0.374831
6.80%The price of Bitcoin has dipped below $10,000 for the third time in four days, after the cryptocurrency already broke the psychological figure twice within the last week. At the time of writing, Bitcoin’s current price is $9,940.
On September 5, 2020, Bitcoin fell to $9,958, before breaking the $10,000 barrier only to fall back down again two days later to $9,946. But despite the dip, Bitcoin is still at one of the highest points in its lifespan, having spent one of its longest periods of consecutive days above the $10,000 mark.
“Despite the price falls last week, we should remember that Bitcoin is in the 7th week of only its third ever extended period above $10k,” Philip Gradwell, chief economist at Chainalysis, told Decrypt.
Apart from the drop below the five-figure mark, the price is relatively stable, with only a 0.6% change to the cryptocurrency value over the last 24 hours. Other coins like Chainlink have been hit worse; it's down 3.5% today.
The $10,000 barrier has long been psychologically important for Bitcoin. Tyler Winklevoss, founder and CEO of Gemini, said that he was focused on the $10,000 barrier during Bitcoin’s first price drop of the week.
“Remember when a Bitcoin dip was well below 10k? Now Bitcoin dips are comfortably above 10k. New baseline. Bitcoin is consolidating before its next breakout,” Winklevoss said.
#Bitcoin 🙀
— Dave Portnoy (@stoolpresidente) September 7, 2020
He wasn’t the only one to tweet about Bitcoin recently. His new friend and Barstool Sports President, Dave Portnoy, also tweeted the word Bitcoin yesterday—along with a screaming cat emoji. Perhaps he’s glad he got out when he did.