The cryptocurrency market experienced a sudden and unforeseen hit on April 12th, resulting in a spontaneous decline in the price of Bitcoin and other major altcoins. This unexpected turn of events led to massive liquidations across the board, leaving many traders in a state of shock and uncertainty. The exact cause of this widespread price
Bitcoin
As lead analyst Hannah Phung from SpotOnChain shared her insights on the potential impact of Bitcoin Halving on the flagship cryptocurrency’s price, it raises a crucial point in the ongoing debate in the crypto community. Phung highlighted that historically, Bitcoin’s price tends to surge around 6 to 12 months after the Halving event, rather than
Bitcoin has recently reached the $70,000 mark, showcasing a significant recovery from its previous dip. This has sparked optimism among cryptocurrency enthusiasts who are eagerly awaiting the upcoming Bitcoin Halving event. Rekt Capital, a prominent cryptocurrency analyst, has shared valuable insights regarding the three key stages of this crucial event that investors should pay attention
Bitcoin, the world’s largest cryptocurrency, has recently garnered the attention of the ultra-wealthy elite. Individuals with assets worth millions and billions of dollars are now showing interest in entering the digital asset market, aiming to be a part of Bitcoin’s ground-breaking ecosystem. Barbara Goldstein, the Managing Partner at R360, an exclusive networking and investment club
Recently, Bitcoin has seen a bullish rise, surpassing the $70,000 mark and showing signs of strength for further upward movement. Crypto Jelle, a well-known cryptocurrency expert, has made a bullish prediction for Bitcoin, indicating a potential surge to $82,000 in the near future. According to Jelle, Bitcoin retested the cycle highs of 2021, bounced back,
Recent analysis from CryptoQuant has shed light on the diminishing influence of the 2024 Bitcoin halving event on the price of BTC. As per the crypto analytics firm, the much-anticipated halving event is no longer the main catalyst for a bullish momentum in the cryptocurrency market. The research report suggests that the upcoming halving event
Bitcoin, the reigning champion of cryptocurrencies, has once again taken investors on a turbulent journey. Just days after climbing to near record highs exceeding $70,000, the digital asset has experienced a sudden correction, dipping back below the crucial $70,000 mark in the last 24 hours. This unexpected drop has left investors questioning the likelihood of
Bitcoin has recently seen a decline in its price after briefly surpassing the $72,000 mark on April 8. One of the factors contributing to this price dip is the upcoming release of the March Consumer Price Index (CPI) data on April 10. Market experts are predicting that the report may show an increase in overall
The much-anticipated Bitcoin halving event has investors on edge, eagerly waiting to see how it will impact the market. Renowned cryptocurrency expert, Benjamin Cowen, has raised a flag of caution regarding the potential consequences of this event. Cowen highlights a trend that suggests a possible significant decline in Bitcoin’s price post-halving. Drawing from a historical
Recently, cryptocurrency analyst Michael Van De Poppe made a bold claim regarding the future of Bitcoin. He predicted that BTC could reach the impressive threshold of $300,000 in the current bull cycle. Despite facing resistance and struggling to maintain its peak price of $73,000, Poppe remains optimistic about the potential for a surge in the
Bitcoin’s journey in 2024 began with a bang, as it surged by a staggering 73% in the first quarter of the year, reaching an all-time high price of $73,750. Despite a subsequent dip in value due to volatile market movements, major stakeholders have consistently shown a trend of accumulation in the first three months of
Bitcoin has recently experienced a surge in interest from short-term holders, with over 1.2 million BTC being accumulated since December 2023. This accumulation trend, in addition to the launch of Spot Bitcoin ETFs in the US, has captured the attention of investors and analysts alike. While whales and long-term holders have historically been major players
In the world of cryptocurrency, predictions regarding the price of Bitcoin are a dime a dozen. Pseudonymous crypto analyst PlanB has recently made a bold claim that Bitcoin will hit $100,000 this year, despite the current bearish sentiments surrounding the flagship crypto. PlanB, in a video on his YouTube channel, confidently stated that he believes
Recently, the Bitcoin price experienced a sharp downturn, falling below the $67,000 mark and causing concern among investors. However, crypto analyst Michael van de Poppe has taken a different stance, urging the crypto community to see this dip as a chance to purchase Bitcoin at a lower price. The unexpected price decline in Bitcoin has