Bitcoin

Bitcoin Begins May with Retreat Back Below $9,000 After 30% Pop in April

bitcoin

via CNBC: Bitcoin fell below $9,000 Tuesday, the first trading day of May. The cryptocurrency traded 3.9 percent lower around $8,880 as of 8:49 a.m. ET, according to CoinDesk’s bitcoin price index. The decline followed a gain of about 33.5 percent for April. There was no immediately apparent reason for bitcoin’s …

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Bitcoin Is ‘Digital Gold’ For Millennials And Could Reach The ‘$100,000 Range,’ Says Strategist Tom Lee

bitcoin

via CNBC : Our mistake on bitcoin was treating it like a currency: Tom Lee Bitcoin is essentially “digital gold” for millennials, and the cryptocurrency could easily achieve the $100,000 range, Wall Street strategist Tom Lee told CNBC on Wednesday. The digital currency surpassed $10,000 on Tuesday and was approaching $11,000 …

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