BITCOIN

CHECK OUT THE LATEST BITCOIN PRIZE RIGHT FROM LAST WEEK MONDAY TILL TODAY AND SEE IF WE MOVING FORWARD OR BACKWARD

Bitcoin Price Today: Live Bitcoin price updates for Sunday, February 11
The future of Bitcoin is looking glum. Trading opened at $8556 on Sunday, before dropping to $7848 at 8:05 am GMT. The price was sitting at $7916 at 9:30 am GMT, leading some to believe that it could be valued at somewhere in the region of $8000 to $8300 by midday.

Stay tuned for the latest.

Bitcoin Price Latest: Saturday, February 10
Bitcoin has at last cleared $9000. The virtual currency opened at $8,608.62 on Saturday. It briefly rose to a high of $9061 at 7:02 am GMT, though it soon dipped to $8859 at 8:25 am GMT – with experts confident that it will be resting in the mid 9000s before the day’s out. But that wasn’t the case, with Bitcoin closing at $8556.

Bitcoin Price Latest: Friday, February 9
Bitcoin opened at $8179 on Friday, but dropped to $7866 at 1 am GMT. It had climbed up to $8298 at 9:30 am GMT and was sitting at $8324 at 12 pm GMT – indicating that it could very well cross $9000 by the end of the day. But progress had stalled at 4:00 pm GMT, with the value hitting $8370, before closing at $8675.

Bitcoin Price Latest: Thursday, February 8
Bitcoin is very much in recovery mode after a calamitous stretch.

The world’s largest cryptocurrency opened just shy of the $8000 mark on Thursday – which it subsequently cleared. As of 10:30 am GMT, Bitcoin was sitting at around $8500, making for a strong recent spell since reaching a nadir of under $6000 per coin on Tuesday. It closed at $8243.

Bitcoin Price Latest: Wednesday, February 7
Bitcoin opened at $7700 on Monday, before rising to $7887 at 10 am GMT – a good sign considering the price was sitting at less than $6000, its lowest price since November 2017, at the same time on Tuesday.

As you’ll see from our Thursday update (above), this trend continued and Bitcoin is now very much on the up again.

Bitcoin Price Latest: Tuesday, February 6
Bitcoin is showing slight signs of recovery this morning, having dramatically crashed over the last 24 hours. As of 8 am GMT it had sunk to below $6000 – its lowest price since November 2017 – but subsequently fought back and climbed over $7000 at 4.30 pm GMT.

In total, over $550 billion worth of value has been wiped off the entire cryptocurrency market in 2018 as fears grow over stricter regulations of trading in a number of countries including the US, UK, South Korea and India.

Bitcoin Price Latest: Monday, February 5
It’s not looking good for Bitcoin holders. Trading opened at $8202 on Monday, but abruptly plummeted to $7632 at 11 am GMT when Lloyds Bank made the bold decision to ban customers from purchasing Bitcoin using its credit cards.

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“Across Lloyds Bank, Bank of Scotland, Halifax and MBNA, we do not accept credit card transactions involving the purchase of cryptocurrencies,” said a spokeswoman for the Lloyds Banking Group in a statement issued to The Guardian.

Bitcoin showed no sign of recovering as we entered the afternoon, with the price sitting at $7384 at 2:50 pm GMT – down almost $1000 since trading opened. Some experts warned at the time that it could drop below $7000 by the end of the day