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Showing posts with the label Bitcoin Price.

Bitcoin Price: Bitcoin fall below 36, 000 while Cryptocurrencies slip once again

  cnbc.com Sam Shead 3 minutes The price of bitcoin took another hit on Friday as other cryptocurrencies including ether and doge also saw their values fall. Bitcoin traded at $35,292 at around 8 a.m. ET, more than 9% lower in the previous 24 hours, according to data from Coin Metrics. The price of bitcoin climbed back above the $36,000 level later Friday morning. It traded at $36,754.01 by 10:20 a.m. ET. Elsewhere, ethereum's price fell 7.7% to $2,560.78 a coin, while dogecoin's price fell 5% to 31 cents. Bitcoin, the world's most popular cryptocurrency has been trying to recover after a week of turmoil that saw its price tumble 30% to around $30,000 last week. It briefly climbed back above $40,000 on Wednesday before losing some of those gains. Cryptocurrencies continue to divide opinion. In a 41-page note last week, Goldman analysts shared their views on whether the likes of bitcoin and ethereum should be considered an asset class or n