Bitcoin Price Slips Below $9,500 Following Facebook Hearing

The price of bitcoin fell below the $9,500 level soon after US lawmakers questioned Facebook executive David Marcus on its cryptocurrency plans. The BTC/USD exchange rate established a fresh intraday low of $9,426.61, down 13.17 percent from the market open. The downside price action brought the pair 31.94 percent lower from its year-to-date high of…

Tron Analysis: TRX/BTC is DAMN BEARISH

Tron is growing weaker against the world’s first and foremost cryptocurrency bitcoin. The TRX-to-BTC exchange rate this week has extended its bearish bias by falling another 7.72 percent this Wednesday. The pair established a fresh lower low towards the 251 sats level, bring its total month-to-date returns to a negated 18.33 percent, according to data…

Bitcoin Analysis: Price Slips $1,000 in Just Two Hours

The price of bitcoin crashed by more than $1,000 during the London afternoon session this Wednesday. The bitcoin-to-dollar exchange rate earlier today established an intraday high towards $13,202.63, according to data provided by CoinStats’ cryptocurrency portfolio management app. Nevertheless, a vast correction later brought the price down by more than 8 percent. The move downhill…