In brief
We do the research, you get the alpha!
#Bitcoin 🙀
— Dave Portnoy (@stoolpresidente) September 7, 2020
$59,323.00
1.28%$2,990.91
0.65%$7.21
5.16%$562.40
0.85%$137.75
4.09%$1.00
0.15%$0.521065
0.97%$2,985.95
0.40%$0.132817
1.86%$5.16
6.27%$0.455802
0.96%$0.00002296
1.42%$33.70
1.72%$0.123013
2.08%$59,323.00
1.36%$430.09
1.61%$13.66
3.14%$0.718359
4.26%$6.11
-2.07%$13.34
2.00%$80.88
1.58%$5.92
0.66%$7.12
1.54%$0.999112
0.61%$25.73
1.83%$8.85
0.99%$0.098795
-7.69%$0.127465
0.27%$8.70
2.85%$0.994677
4.00%$5.92
3.82%$0.00000768
9.88%$0.110719
1.02%$2.16
7.22%$2.08
-3.74%$3.00
4.48%$7.75
1.26%$2.81
8.65%$49.07
0.71%$2,945.63
1.20%$1.031
-0.96%$2.72
3.02%$402.63
5.59%$1.13
-0.63%$3,096.51
0.45%$2,756.47
3.35%$0.03519314
-0.06%$0.108134
-1.59%$0.251794
3.76%$0.999055
0.27%$34.84
17.17%$121.00
-0.15%$23.42
-1.03%$2.00
-0.20%$2.04
0.91%$0.675909
0.79%$10.13
2.98%$2.05
6.59%$1.97
1.70%$3,304.31
0.38%$4.96
1.27%$0.0000249
5.68%$0.00016531
1.88%$1.13
1.76%$0.542107
1.06%$103.06
1.70%$0.04277101
2.23%$0.182196
0.95%$3,069.81
0.52%$9.91
-0.93%$1.003
5.36%$0.874787
3.35%$0.726115
6.41%$0.02426734
0.94%$85.08
1.91%$0.02442852
-1.10%$0.03064217
2.60%$59.47
0.29%$0.816344
1.83%$0.0000012
2.13%$0.790067
3.81%$2,991.65
0.79%$16.09
0.12%$1.13
-2.23%$39.55
3.14%$2.12
3.37%$0.118403
3.72%$0.81997
0.09%$7.24
3.36%$7.74
3.28%$4.27
4.76%$0.435884
2.46%$9.77
3.39%$0.814202
5.19%$1.29
1.33%$0.939723
2.54%$4.57
-0.62%$11.50
-2.20%$0.00004625
2.09%$5.48
7.27%$0.817108
1.50%$0.223344
3.06%$2.65
-0.74%$15.11
0.08%$2.66
1.55%$162.83
3.12%$0.433477
2.26%$1.25
9.76%$0.01656804
-0.46%$304.82
-2.40%$1.84
-1.95%$2,990.48
0.69%$0.51834
-1.51%$1.20
0.18%$35.53
2.19%$0.994544
0.22%$0.221039
3.56%$0.656029
1.82%$12.43
5.33%$0.638117
-1.22%$1.22
2.18%$0.01550953
-5.00%$0.101462
-0.35%$2.55
1.01%$0.00943471
2.88%$1.00
0.37%$0.407904
4.78%$2.12
3.57%$163.11
5.94%$0.173881
0.60%$3,147.89
0.41%$16.00
5.16%$0.092353
2.55%$1.96
0.10%$0.00010413
4.33%$2,982.24
0.81%$1.65
8.70%$91.14
-1.67%$0.586237
28.71%$2,314.93
-0.75%$0.85776
1.50%$3,196.96
0.72%$0.00000026
1.94%$0.844961
0.50%$0.096803
3.25%$3.23
-0.02%$1.22
16.38%$0.645017
-2.25%$0.319097
-1.85%$0.280144
-0.89%$29.50
1.43%$0.425819
1.83%$0.053941
1.32%$0.999463
0.21%$0.373499
7.76%$0.03572698
2.82%$4.96
7.24%$0.00140446
-2.63%$3,237.41
0.76%$15.12
3.37%$0.00000047
1.29%$0.04640244
0.37%$0.04408355
1.12%$0.444295
-4.39%$0.0078555
1.26%$0.299839
2.42%$3.60
14.52%$3.75
1.00%$4.48
2.88%$1.72
3.24%$1.035
0.61%$0.02353187
1.61%$0.371394
-2.94%$0.790224
3.96%$2,298.34
-0.41%$0.219621
2.08%$0.0245036
0.24%$0.00234793
0.73%$0.916794
2.51%$12.66
1.56%$1.91
-3.08%$1.54
4.81%$0.550546
5.94%$0.578842
3.81%$0.02885039
0.88%$0.469178
1.82%$19.52
2.11%$0.00690584
1.24%$3.64
-0.63%$0.07558
-2.09%$56.96
4.68%$0.845412
2.57%$3.60
0.33%$3.54
-1.43%$3,071.17
0.73%$0.349124
1.47%$0.241856
2.53%$0.02978557
0.69%$1,189.72
0.74%$0.450097
3.09%$0.00385796
-0.71%$29.03
2.64%$22.57
3.58%$0.686299
10.10%$59.83
0.56%$0.03489164
0.73%$0.829208
5.46%$0.03697009
4.16%$32.15
3.83%$60.08
-0.30%$4.15
-1.49%$20.42
6.19%$1.001
0.30%$0.463184
10.42%$4.90
2.80%$0.0322389
0.86%$0.409998
1.56%$0.34464
-2.64%$3.21
2.15%$1.31
-13.87%$0.711382
0.74%$7.58
0.59%$0.24091
1.18%$0.863488
1.32%$3.21
-0.11%$41.34
0.29%$0.0056702
2.17%$0.778993
1.87%$2.00
-0.74%$0.106968
-1.91%$0.00
6.35%$0.03211967
-9.11%$29.70
3.47%$3.19
-2.73%$1.81
7.06%$2.64
7.87%$3.56
6.08%$3,133.57
0.95%$2.21
2.39%$0.283056
5.64%$0.294176
0.98%$32.40
20.62%$38.53
0.66%$61.95
-1.35%$0.278501
10.16%$0.00328411
5.87%$0.686235
8.56%$0.782409
7.25%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.