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Tag: milestone

MicroStrategy gives up big gain, turns negative despite bitcoin $100,000 milestone

2024-12-06
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CFOTO | Future Publishing | Getty Images Cryptocurrency-related stocks gave up big gains Thursday even after the price of bitcoin soared above $100,000 for the first time overnight. MicroStrategy dipped into negative territory to slip 4.8% after surging more than 7% earlier in the day. Riot Platforms and Mara Holdings fell around 5% and more than 4%, respectively. Meanwhile,…

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Bitcoin falls below $100,000 after reaching the milestone level for the first time

2024-12-06
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The price of bitcoin soared past the long-awaited $100,000 benchmark for the first time ever late Wednesday evening. By Thursday afternoon, the flagship cryptocurrency pulled back from the milestone. It was recently higher by 0.28% at $99,140.00, according to Coin Metrics, trading at the lows of Thursday’s trading following some profit taking by investors. On Wednesday night, it rose…

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