Markets | CoinDesk

Bitcoin Bounces Back to $8K From Historically Strong Price Support

Bitcoin has again defended historically strong price support near $7,700, keeping the hopes of a corrective rally alive.

Despite a recent pullback, bitcoin’s price has more than doubled in 2019, dwarfing investors' year-to-date returns from stocks, bonds or commodities.

A bullish breakout may be on the way, price indicators suggest, potentially fueling a rally to $8,800.

Coinbase's pro trader platform is set to hike some maker/taker fees from early next week, and smaller traders will be hit hardest.

The increased likelihood of a U.S. recession has brought a boost to gold prices. For bitcoin, though, it's a different story.

October has started poorly for traders looking to capture Tuesday's rebound, as prices were swiftly rejected back below $8,300 this morning.

Bitcoin is better bid Tuesday, but the relief rally is struggling to gather traction above a key former support-turned-resistance.

Ethereum's native cryptocurrency is reporting a slight monthly gain, outperforming bitcoin's double-digit price slide by a big margin.

Di Omkar Godbole30 set 2019

Bitcoin is again flashing red, having hit a 3.5-month low earlier today. It's now on track to post a quarterly loss.

Di Omkar Godbole30 set 2019

Leveraged and margin trading can help boost demand for an asset, increasing liquidity within a given market.

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