In brief
We do the research, you get the alpha!
#Bitcoin 🙀
— Dave Portnoy (@stoolpresidente) September 7, 2020
$66,877.00
0.21%$3,119.60
0.88%$7.15
-0.63%$577.66
-0.43%$172.41
2.66%$1.00
0.02%$3,116.69
0.92%$0.520895
-0.53%$6.39
-3.02%$0.152908
-1.42%$0.482385
0.22%$0.00002484
-0.78%$37.16
1.99%$0.1231
-1.24%$66,941.00
0.29%$16.24
0.01%$474.50
1.65%$7.92
-1.13%$0.709218
-0.73%$83.70
-0.30%$13.25
1.57%$7.88
4.98%$2.28
-3.59%$5.89
-0.07%$28.56
1.09%$0.115327
-0.03%$0.0000095
-6.55%$10.26
1.65%$8.57
-0.54%$3,238.43
0.95%$1.00
0.01%$2.37
-1.30%$8.60
-0.91%$0.124715
-1.13%$5.83
-1.04%$0.973885
-3.28%$0.107926
-0.92%$47.06
-0.60%$3,064.37
0.92%$50.22
-0.24%$2.06
-1.91%$0.311482
-2.35%$0.12395
1.77%$2.55
-1.00%$1.018
-1.31%$2,811.88
0.94%$382.57
-0.13%$0.03525588
-2.37%$2.55
-9.58%$1.079
-0.51%$0.892602
12.37%$135.51
0.36%$1.002
0.07%$24.92
0.01%$6.84
0.37%$2.20
-1.12%$0.00020428
-3.41%$0.00002682
10.04%$3,452.87
0.94%$9.53
-1.19%$1.24
2.54%$1.87
0.30%$0.04569944
0.17%$0.548012
-3.45%$1.77
-1.40%$1.091
0.16%$0.182914
-0.33%$3,216.71
0.77%$9.89
0.17%$97.82
-0.07%$0.907216
0.30%$5.79
-1.57%$0.930611
-2.20%$66.27
1.89%$88.11
-0.18%$0.02524761
3.21%$0.949682
-3.02%$0.00000121
-0.12%$2.05
-0.75%$0.02789656
-1.27%$0.02222914
4.60%$0.756739
4.08%$15.54
-0.09%$19.23
0.34%$40.35
-0.97%$7.43
-0.88%$0.119955
-0.90%$4.97
0.87%$13.07
5.20%$205.26
2.91%$7.88
-1.05%$0.445366
-0.62%$0.560065
0.44%$0.020705
1.75%$0.00004992
2.26%$2.25
0.22%$9.79
-0.33%$0.813601
-1.27%$0.945843
0.23%$0.226576
1.44%$2.79
0.74%$0.809137
0.20%$0.813823
-2.62%$2.69
0.75%$41.23
0.42%$1.15
-1.00%$0.434927
-0.18%$3,112.23
0.94%$0.01168339
-4.45%$204.50
2.79%$0.817823
-1.07%$3,141.74
0.82%$1.26
0.31%$301.50
-0.83%$4.64
-2.40%$4.98
3.59%$13.15
0.96%$1.33
0.58%$0.998799
0.08%$0.675231
0.22%$0.01616754
-0.02%$0.107869
0.91%$0.215949
-1.70%$2.68
0.15%$17.76
3.78%$1.016
-1.58%$0.440648
-0.09%$0.181865
1.18%$37.34
6.02%$0.998052
0.01%$3,105.69
1.09%$0.093157
0.19%$0.00010798
-1.01%$1.97
-0.11%$0.953344
-3.10%$0.00000029
3.52%$18.90
-2.16%$0.737068
-0.00%$0.373414
-0.58%$2,415.44
0.01%$3,287.26
0.90%$2.05
-0.82%$0.866749
-1.03%$3,334.75
0.95%$0.303863
1.68%$0.03695936
1.04%$4.51
-3.48%$84.86
0.07%$1.51
-0.16%$0.535093
-1.04%$4.61
6.77%$0.433783
0.43%$0.092558
-0.89%$2.39
-1.19%$1.00
-0.01%$0.587046
1.62%$1.87
1.36%$3,378.51
1.00%$0.051378
0.75%$1.07
1.28%$0.00000048
-1.19%$0.453479
6.36%$15.19
2.76%$0.04526629
0.56%$0.02576748
-1.52%$0.321276
0.77%$0.281806
0.35%$1.02
-7.04%$0.862771
-0.04%$2.70
-0.59%$0.398034
0.55%$1.10
0.24%$4.66
-1.07%$0.04491759
-0.15%$0.222541
-0.17%$2,388.22
-0.24%$0.321751
-1.33%$0.02357014
-1.26%$5.11
-0.06%$0.00840521
11.52%$0.03022046
1.25%$0.532199
-3.01%$0.00723453
0.62%$3.52
-0.00%$0.586078
-1.33%$4.04
-5.47%$0.00225424
-1.82%$0.999806
0.05%$19.55
0.52%$0.00704745
-1.91%$1.58
-0.59%$3,195.34
0.97%$3.41
-2.27%$3.71
0.02%$1.65
-0.71%$0.075109
0.88%$56.68
-0.02%$0.00112287
-4.66%$8.23
-7.66%$0.524737
-0.51%$0.819523
-0.48%$3.48
-0.23%$1,342.64
0.16%$62.67
0.89%$0.904597
8.88%$0.244498
-0.51%$0.03752732
-1.31%$0.726197
-3.12%$23.47
-0.71%$0.363449
-17.95%$0.04136072
-5.29%$29.79
-0.66%$0.03876709
-0.19%$61.21
-0.38%$4.35
0.16%$5.17
-0.48%$20.81
0.26%$0.902402
1.44%$0.02779191
-2.25%$0.771049
3.90%$3.39
-0.67%$0.259443
-0.44%$0.03243721
-0.56%$7.89
0.76%$0.00405509
-1.46%$30.28
-0.98%$0.898365
-1.22%$119.49
9.77%$42.82
6.93%$0.463347
-0.98%$0.00331377
-4.87%$2.55
-0.94%$3.59
-1.53%$0.324073
-3.91%$2.02
-0.01%$3.84
-3.61%$0.315472
-1.71%$7.90
20.16%$0.364958
0.34%$0.00087925
-1.46%$42.56
2.02%$29.47
-1.53%$1.93
-3.79%$0.887053
1.05%$0.00003987
35.28%$0.342165
-1.74%$30.56
1.30%$3,266.95
0.96%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.