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Tag Archives: Slump

GPU Prices Fall Following Slump in Cryptocurrency Markets

The price of specialized graphics processing units (GPUs) has been declining along with sinking prices in digital currency markets, Computerworld reported July 10. While at the end of 2017 and beginning of 2018 cryptocurrency mining caused a sharp rise in the price of high-end gaming cards, the tendency seems to have reversed as crypto markets continue on a downward slope. ...

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Graphics Card Suppliers to Cut Prices in July due to Crypto Market Slump, Sources Report

Sources say that the recent slump in the crypto markets is leading to graphics card suppliers lowering their prices, tech outlet DigiTimes reported June 29. Unnamed sources from the “upstream supply chain” told DigiTimes that the sale of ASIC crypto mining hardware have been negatively impacted, with a predicted price drop of 20 percent in July. Among the affected companies ...

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Crypto Markets See More Red as Prices Slump Downwards

The crypto markets continue their slump today, June 26, with most of the coins on Coin360 seeing red. Market visualization from Coin360 Bitcoin (BTC) is trading at around $6,205, down around 1 percent over a 24 hour period to press time. Bitcoin price chart. Source: Cointelegraph Bitcoin Price Index Stablecoin Tether’s release of 250 million tokens yesterday, June 25 had ...

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Why the Huge Slump Was Necessary for the Success of Cryptocurrency – The Merkle

Dark clouds have hovered over the cryptocurrency universe for most of this year. Having risen to record highs in the last few weeks of last year, it was widely expected that cryptocurrencies would maintain their market values and even rise higher. Many analysts went on TV shows and predicted that Bitcoin’s price would approach $50,000 by the end of the first quarter, and ...

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Bitcoin Price Bull Lee Says HODL On amid Market Slump for Later Gains

Join our community of 10 000 traders on Hacked.com for just $39 per month. Fundstrat’s Thomas Lee is emerging as a voice of reason for cryptocurrency investors even as bitcoin continues to trade in the doldrums. JPMorgan Chase’s former chief equity strategist is applying the lessons of the stock market to bitcoin investing. Trying to time the market is “challenging” because bitcoin ...

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Cryptocurrency Market Slump Extends as Bitcoin Remains Below $8,500

Join our community of 10 000 traders on Hacked.com for just $39 per month. Since yesterday, March 25, the cryptocurrency market has struggled to rebound to the $350 billion region. Apart from some small cryptocurrencies like Ontology and Ethos, most cryptocurrencies like bitcoin have recorded a slight decline in value. Bitcoin and Ethereum Keep Yesterday’s Levels Since March 25, both ...

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Cryptocurrency Continues to Slump, Bitcoin Remains Stable at $8,200

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The cryptocurrency market has continued to slump over the past few weeks, as both major and minor cryptocurrencies followed the price trend of bitcoin. Bitcoin’s Lead Throughout the past 24 hours, bitcoin hasn’t recorded large price movements and remained in the range of $7,900 to $8,300. At ...

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