GOLDMAN SACHS: Here's when we'll know bitcoin's top is in
Bitcoin is experiencing a monster rally. It has gained more than 15% since Friday's close, topping $4,000, $4,100, and $4,200 for the first time before putting in a high of $4,216 a coin on Monday morning. But that's only part of bitcoin's recent success. The cryptocurrency has seen huge gains since the August 1 fork that split it in two. Since bottoming at $2,643 a coin the day of the split, bitcoin has exploded by 57%, and it is now up 335% in 2017. Sheba Jafari, the head o
Bitcoin soars $600 to new record of $3,400
Aug. 7 (UPI) -- The trading value of the bitcoin online currency on Monday reached an all-time high of more than $3,400 -- an increase of more than $600 from its close last week. Monday afternoon, bitcoin was trading at about $3,380 -- an increase of more than 4 percent since Friday's closing of $2,900. Earlier, it had surpassed the $3,400-mark. Introduced in 2009, bitcoin has become a major form of web currency in recent years. Much of its trading success is owed to growing
Bitcoin adds to gains as rival Bitcoin Cash crashes 40%
Investing.com – Bitcoin added to gains on Friday, as the novelty of its rival Bitcoin Cash wore off, halting fears that the newly created cryptocurrency would prize away market participants from bitcoin. On the U.S.-based Bitfinex exchange, bitcoin rose to $2,846.2, up $55.3 or 1.98%. Bitcoin was on track to notch a weekly gain, in what has been a tumultuous week for the world’s most popular currency, after its blockchain – the digital ledger which records every bitcoin trans
