RATE Group | Bitcoin Returns to $7,200, Ripple Bags $200M Cheque, Tron CEO Donates to Greta Thunberg
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Bitcoin Returns to $7,200, Ripple Bags $200M Cheque, Tron CEO Donates to Greta Thunberg

21 Dec Bitcoin Returns to $7,200, Ripple Bags $200M Cheque, Tron CEO Donates to Greta Thunberg

Posted at 19:31h in Bitcoin News by

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Another week, another round of Crypto Tidbits. This week has been quite a tumultuous one for the Bitcoin market. As of the time of writing this, the cryptocurrency is effectively flat on the week, posting a slight loss of 1%. But this statistic hides the truth: this week has seen BTC undergo two 10% swings, one to the downside, then another to the upside, all within the span of a few days.

Bitcoin’s latest bout of volatility has made the cryptocurrency put in a new six-month low at $6,400, plunging to that price point early Wednesday as bulls failed to step in. While BTC is now trading at $7,200, having recovered 10% as aforementioned, analysts are sure that a retest of these lows is an inevitability.

This week also saw bouts of volatility in terms of developments in the industry.

Related Reading: Crypto Tidbits: Bitcoin Mining Still China-Centric, Ethereum Istanbul Live, Banks Use Blockchain For Bonds

Bitcoin & Crypto Tidbits

  • Ripple Completes $200M Series C Round: According to a

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