{"id":798,"date":"2018-09-17T01:36:32","date_gmt":"2018-09-17T00:36:32","guid":{"rendered":"https:\/\/coinfomania.com\/?p=798"},"modified":"2024-04-20T11:32:12","modified_gmt":"2024-04-20T10:32:12","slug":"what-happened-to-bitcoin-in-the-past-week","status":"publish","type":"post","link":"https:\/\/coinfomania.com\/what-happened-to-bitcoin-in-the-past-week\/","title":{"rendered":"What Happened to Bitcoin In the Past Week?"},"content":{"rendered":"

Bitcoin has been on a little roller coaster in the past week but definitely ended the week in a better way than it began.<\/span><\/p>\n

This report will cover top cryptocurrency’s performance over the past week (September 9 – 16).<\/span><\/p>\n

Following a market plunge the week before, the price of BTC hovered around $6200-6300 within the first 48 hours of trading into the new week.<\/span><\/p>\n

<\/p>\n

Bitcoin chart\u00a0 September 9-16<\/span><\/i><\/p>\n

However, just as always after a market decline, the bulls returned to put a smile on traders’ faces. This actually saw BTC shoot up to the $6600 valuation within a few hours, though the rise has not been on the same level since then.<\/span><\/p>\n

Irrespective of this, the coin has gained around $3 billion in market cap over one week while prices reflect a 5% increase on the weekly charts.<\/span><\/p>\n

Heading into the new week, bitcoin prices were pegged at $6525 at press time with a total market cap of $112 billion with enthusiasts hoping for a better turn of events this week.<\/span><\/p>\n

Biggest Bitcoin News in the Past Week Sept 9-16<\/span><\/h2>\n

Bitcoin Fund Reach Mutual Fund Status in Canada<\/strong><\/p>\n

At a time when the US SEC is still struggling to get to grip with BTC, the Ontario Securities Commission has taken a bold move. A Bitcoin fund owner by First Block Capital can now allow investors to transfer units of their digital asset to TFSA and RRSP accounts.\u00a0<\/span>Read more here<\/a><\/span><\/p>\n

Crypto Bulls Return To Put Smile on Faces<\/strong><\/span><\/p>\n

What happened when the coin shot up to green numbers after a dip in the previous week? Read more here<\/a>.<\/span><\/p>\n

USD 380 Million Leaves #1 Bitcoin Wallet In Only 4 Days<\/strong><\/p>\n

In an unusual move, about 58,550 BTC found on Bitfinex exchange\u2019s cold wallet was moved. The wallet still has around 170,500 BTC while the reason for the move is uncertain.<\/span><\/p>\n

\"\"<\/a><\/p>\n

Within what price range do you think bitcoin will trade at the conclusion of the new week?<\/span><\/p>\n

Let’s get your thoughts in the comments <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Bitcoin has been on a little roller coaster in the past week but definitely ended the week in a better […]<\/p>\n","protected":false},"author":3,"featured_media":6667,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1149,85],"tags":[122,54,51],"ppma_author":[1764],"class_list":["post-798","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin-price-analysis","category-analysis","tag-analysis","tag-bitcoin","tag-cryptocurrencies"],"acf":[],"authors":[{"term_id":1764,"user_id":3,"is_guest":0,"slug":"mandy","display_name":"Mandy","avatar_url":"https:\/\/secure.gravatar.com\/avatar\/c45150404f1b2f5d034169ce0f75e959?s=96&r=g","first_name":"Mandy","twitter":"https:\/\/twitter.com\/mandy5williams","instagram":"","linkedin":"https:\/\/www.linkedin.com\/in\/mandy-williams-147a3a16a\/","user_url":"","last_name":"Williams","facebook":"","description":"Mandy Williams is a freelance writer and a crypto fanatic. She has over three years of writing experience in different niches, ranging from dating to tech, and has a number of published articles in different publications. Mandy is on a mission to help spread the good news about the blockchain and cryptocurrency industry. She holds a degree in education and currently pursuing a career in marketing. Mandy\u2019s favorite people in life are her team members!"}],"_links":{"self":[{"href":"https:\/\/coinfomania.com\/wp-json\/wp\/v2\/posts\/798"}],"collection":[{"href":"https:\/\/coinfomania.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinfomania.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinfomania.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/coinfomania.com\/wp-json\/wp\/v2\/comments?post=798"}],"version-history":[{"count":1,"href":"https:\/\/coinfomania.com\/wp-json\/wp\/v2\/posts\/798\/revisions"}],"predecessor-version":[{"id":307450,"href":"https:\/\/coinfomania.com\/wp-json\/wp\/v2\/posts\/798\/revisions\/307450"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinfomania.com\/wp-json\/wp\/v2\/media\/6667"}],"wp:attachment":[{"href":"https:\/\/coinfomania.com\/wp-json\/wp\/v2\/media?parent=798"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinfomania.com\/wp-json\/wp\/v2\/categories?post=798"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinfomania.com\/wp-json\/wp\/v2\/tags?post=798"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/coinfomania.com\/wp-json\/wp\/v2\/ppma_author?post=798"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}