Skip to content

CRYPTO MINING BLOG

Your guide to cryptocurrency mining

Primary Menu
  • CRYPTOCURRENCY
    • NEWS
    • WALLETS
    • INVESTING
    • TRADING
  • MINING
    • CRYPTO MINERS (SOFT)
    • ASIC MINING
    • GPU MINING
      • AMD GPU MINING
      • NVIDIA GPU MINING
    • CPU MINING
    • FPGA MINING
  • SOFTWARE
    • CRYPTOCURRENCY WALLETS
    • CRYPTOCURRENCY MINERS
    • TOOLS & UTILITIES
    • TRADING BOTS
    • FLASHING GPU
    • DRIVERS
    • SOFTWARE & FIRMWARE ASIC (ANTMINER)
    • NEW RELEASES
  • REVIEWS
  • GUIDES
  • NEWS

Bitcoin exchange rate again rose above $ 8000 thanks to investors

  • CRYPTO MINING BLOG
  • Jan 11, 2020
  • 5 Comments So far
  • Bitcoin (BTC)
  • Crypto News | Cryptocurrencies
Bitcoin exchange rate again rose above $ 8000 thanks to investors
Курс Биткоина вновь поднялся выше $8000 благодаря инвесторам

Bitcoin rises again above $ 8000 thanks to institutional investors

Last Friday, January 10, the bitcoin exchange rate fell below $ 8000 and on some trading floors tested the lows at the level of $ 7719. The last time, at about the same level, the first cryptocurrency was on January 7.

The biggest spurt this week came on Wednesday when Bitcoin tested above $ 8,300.

The increase in investments in the cryptosphere occurred due to investors’ concerns over the worsening of US-Iranian relations, analysts say. After US President Donald Trump announced that no military conflict in the Middle East should be expected, capital outflow from Bitcoin began.

Support returned on Friday evening, and already on the night of Saturday, January 11, BTC grew to $ 8100. Bitcoin’s market capitalization is now just over $ 147 billion.

The coin was able to strengthen due to increased support from institutional capital, which entered the Bitcoin futures market.

According to the Skew service, large players took advantage of the drop in the cost of BTC and invested about $ 20 billion in bitcoin futures.

Moreover, analysts note that trading volumes continue to add, so there is a high probability of an early return of previously lost positions. Moreover, BTC did not fall below the support level of $ 7800, previously indicated by trader Josh Rager, which was a positive factor for bitcoin.

Recommended Related Articles:

  • Tether transferred 15 million USDT tokens to Liquid network for more anonymous transfers
  • Cryptocurrency Supervision Will Enter One of SEC’s Priority Areas in 2020
  • Implementation of Sharding technology from the TERA blockchain platform
  • Step by step setup AMD Radeon Vega 56/ Vega 64
  • Download kadena miner v1.3.1 (AMD Nvidia noncerpro)
  • Claymore Dual v15.0 (AMD Nvidia) – Download and Configure

Read more:

Bloomberg: CFTC расследует деятельность биржи BitMEXBloomberg: CFTC investigates BitMEX exchange Bakkt futures testing has begun. Why did Bitcoin not react? Bloomberg: CFTC investigates BitMEX exchange Cryptocurrency and Mining News Расчёты в биткоинах на Bakkt стали использовать чаще, но об опционах не вспоминали неделюBakkt began to use bitcoin calculations more often, but they didn’t remember about options for a week Fundstrat analyst: Bakkt will launch Bitcoin futures already this quarter Outflow of Bitcoin BTC with crypto exchanges increasesOutflow of Bitcoin BTC with crypto exchanges increases Bitcoin becomes a digital version of gold in the eyes of investorsBitcoin becomes a digital version of gold in the eyes of investors Cryptocurrency and Mining News Расчёты в биткоинах на Bakkt стали использовать чаще, но об опционах не вспоминали неделюCryptocurrency Market and Rate Review, April 4 (Bitcoin, Swipe, Energi, Bytecoin, Ethereum) Bitcoin was able to recoup a little thanks to the support of some investorsBitcoin was able to recoup a little thanks to the support of some investors mining-bitcoin-btc-cool-mining.How cryptocurrency mining affects Bitcoin (BTC) rate?
CRYPTO MINING BLOG
Founder & CEO

Previous post

Tether transferred 15 million USDT tokens to Liquid network for more anonymous transfers

Next post

Ethereum Classic hard fork passed: Agharta hard fork

5 Comments So far

Please Post Your Comments & Reviews
Cancel reply

Your email address will not be published. Required fields are marked *

  • USD
  • EUR
  • GPB
  • AUD
  • JPY
  • bitcoinBitcoin(BTC)
    $104,418.930.72%
  • ethereumEthereum(ETH)
    $2,509.46-0.66%
  • shih-shih-tzuShih Tzu(SHIH)
    $0.000246-0.01%
  • tetherTether(USDT)
    $1.000.00%
  • rippleXRP(XRP)
    $2.150.42%
  • vnm-venom-ethVenom(VNM)
    $2.110.00%
  • oxy-oxycoinOxycoin(OXY)
    $101.250.00%
  • binancecoinBNB(BNB)
    $653.06-0.31%
  • solanaSolana(SOL)
    $153.65-0.35%
  • usd-coinUSDC(USDC)
    $1.00-0.02%

  • TeamRedMiner v0.6.1: Download AMD GPU miner Ethash, MTP, CryptoNight
    26.8k views
  • ATIKMDAG PATCHER v1.4.14: Download AMD/ATI Pixel Clock for Windows
    14.9k views
  • Nvidia Mining Driver v470.05 GeForce RTX 3060 – Unlock Mining Ethereum
    7.2k views
  • OverdriveNTool 0.2.7: Download and Configure AMD GPU Overclocking Software
    5.6k views
  • PolarisBiosEditor 3 PRO: Modify AMD GPU BIOS (Download PBE Crack)
    5.5k views
  • Setting up AMD Radeon VEGA 56/64 for cryptocurrency mining
    5.3k views
  • NiceHash Miner v3.0.0.7: Download NHM for Windows/Linux/MacOS
    5.2k views
  • Nvidia GeForce RTX 3080 Ti: Unlock Mining Hashrate Driver for Windows
    4.7k views
  • SRBPolaris v3.5: Download BIOS Editor AMD GPUs for Windows
    3.9k views
  • NVIDIA NVFlash v5.590.0 (Windows/Linux) – How to flash the BIOS of GPUs NVIDIA?
    2.9k views
  • OhGodAnETHlargementPill: How to increase hashrate in mining on NVIDIA
    2.7k views
  • AMD Blockchain Driver: Radeon Software Crimson ReLive Edition Beta for Blockchain Compute
    2.6k views
  • CPUMINER-OPT v3.8.4: Download Fast CPU Miner for Windows
    2.6k views
  • ATIFlash & AMD VBFlash 2.93: Download BIOS Flashing Tool for AMD GPUs
    2.5k views
  • XMRig v5.6.0 CPU/GPU: Download miner Monero for Windows/Linux
    2.2k views
All Rights Reserved. CRYPTO-MINING.BLOG.
  • English
  • Russian