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Flash crash on Bitcoin leads to weekend losses for leveraged traders as markets return to green today

Flash crash on Bitcoin leads to weekend losses for leveraged traders as markets return to green today Crypto at a glance A rough weekend for leading cryptocurrencies saw the total market cap plunge below $2 trillion on Sunday for the first time in just over a week, though a recovery overnight has seen many come charging back. Can they now pick up where they left off last week? The weekend’s antics were led by a huge fall for Bitcoin, which plunged 15 per cent in a single day yesterday to around $52,000. That represents a fall of more than $12,000 from last Wednesday’s all-time high of almost $65,000.

Here s why April may be the best month yet for Bitcoin price

Here s why April may be the best month yet for Bitcoin price
cointelegraph.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cointelegraph.com Daily Mail and Mail on Sunday newspapers.

Global Digital Asset Fintech BitOoda Confirms Bitcoin Mining Revenue Surged along with BTC Price this Week

Global Digital Asset Fintech BitOoda Confirms Bitcoin Mining Revenue Surged along with BTC Price this Week The team at BitOoda, a global digital asset financial technology and services platform providing “next-gen” risk management solutions, “best-execution” brokerage and expert market analysis, has published their Weekly Hash (3/8/21) Report. The report covers custody battles that are heating up in the crypto space, along with PayPal acquiring Curv. The update also covers other positive news flowing into the blockchain ecosystem that has helped Bitcoin (BTC) gain 12.6% in the past week. As noted by BitOoda: “Bitcoin gained 12.6% week on week (WoW), rising from $45,359 to end at $51,086 at midnight UTC on 3/7. PayPal announced the acquisition of crypto custodian Curv, further deepening its involvement in digital assets. Newsflow from Goldman, Morgan Stanley and Citi added to positive sentiment as well.”

Bitcoin breaks $55k again as JP Morgan changes tune

Bitcoin breaks $55k again as JP Morgan changes tune Crypto at a glance Bitcoin saw its fourth straight daily gain yesterday, as the largest cryptocurrency climbed briefly past $55,000 late in the day. A stumble overnight saw the price fall as much as 2.1% back down to $53,500, though normal service was swiftly resumed and it’s again changing hands at around $55,000 at time of writing. Can Bitcoin now test the record high it set last month? It seems everyone is coming round to the idea of Bitcoin at the moment. Even long-time crypto sceptic and America’s largest bank, JPMorgan Chase is looking to join the party.

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