Bitcoin Steady at $10,800, Why do Analysts Think BTC is Still on Thin Ice?

2019-6-25 15:07

Unlike previous weekends in this uptrend, Bitcoin (BTC) was rather mild on Saturday night and Sunday. As of the time of writing this, BTC has found itself trading for $10,800 — down 5% from year-to-date highs, but up 1% in the past 24 hours.

Simultaneously, altcoins have begun to slip, selling off against the market. . .

The post Bitcoin Steady at $10,800, Why do Analysts Think BTC is Still on Thin Ice? appeared first on NewsBTC.

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MicroStrategy’s smallest Bitcoin acquisition in 8 weeks sees BTC drop to $92,000

Bitcoin’s price fell by 2% within an hour after MicroStrategy announced its eighth consecutive weekly BTC acquisition. According to CryptoSlate’s data, the market reaction was less enthusiastic about the firm’s latest Bitcoin purchase, which dragged BTC down to $92,900 at the time of writing —a 10% drop from its record high of over $108,000.

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