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Bitcoin Opens 2020 Volatile As Usual: Weekly Crypto Market Update
| | | |  BTC: $7,381 |  ETH: $134 | |  XRP: $0.193 | | | It's safe to say that the beginning of 2020 is everything one might have expected it to be on the cryptocurrency market: volatile. Just a few days after the New Year's bell rang, Bitcoin went on a rollercoaster, dropping down to a low of $6,850, only to recover hours later, gaining upwards of $500 in the process. Interestingly enough, this move coincided with a significant political event. The US President, Donald Trump, ordered an airstrike against Baghdad's airport. During this, the leader of Iran's Quds Forces, General Qasem Soleimani, was killed. This goes again to show that Bitcoin is not correlated to political and economic turmoil, and it showcased his qualities as a store of value.
The entire cryptocurrency market moved in the first few days of the new year, as most of the top cryptocurrencies trade in the green. However, they were still unable to claim any notable grounds as Bitcoin's dominance continues to hold steady above 68%. | | | |  | BTC Halving Priced In
According to a popular Bitcoin analyst, the upcoming 2020 Halving could already be factored in Bitcoin's price. Read more. | | | |  | 2019 Yearly Recap
2019 was an interesting year for Bitcoin and cryptocurrencies. Here are the most important events of the year. Read more. | | | |  | We Are On Telegram
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