As the once-sizzling crypto market continues to sputter, with Bitcoin at the helm of the downturn, investors are left grappling with a period of uncertainty and frosty sentiments. The recent weeks have been marked by a mass exodus from Bitcoin, with a staggering outflow of $630 million recorded just last week. This retreat has not
Bitcoin
Anthony Scaramucci, the founder of SkyBridge Capital, has made some interesting predictions regarding the future of Bitcoin in relation to the upcoming presidential election. He believes that if Joe Biden wins a second term, Bitcoin could reach new all-time highs (ATH) ranging between $170,000 and $250,000. This prediction is based on his belief that the
Bitcoin, the leading cryptocurrency, has been facing a significant decline recently, with its price edging closer to the crucial $60,000 mark. The market sentiment has turned bearish, influenced by a combination of macroeconomic factors and a surge in selling pressure. This shift has left many investors and traders anxious as Bitcoin struggles to maintain higher
A recent analysis by a crypto analyst has raised concerns regarding the price of Bitcoin potentially dropping to lows of $52,000. The analyst pointed out that Bitcoin has broken key support levels, leading to a possible transition from a bullish to a bearish stance. This prediction comes at a time when Bitcoin’s price has been
The recent performance of Bitcoin has left investors and traders disappointed as the leading cryptocurrency struggled to find solid ground in the ever-volatile crypto market. Not only has Bitcoin failed to impress, but it has also dragged down the prices of other large-cap assets, leading to significant losses across the board. The lackluster performance has
Bitcoin is currently facing a downturn, with its value dropping below $64,000 to $63,564. This decline of 2.5% in the last 24 hours and 12% over the past two weeks has led to concerns among investors. However, Arthur Hayes, the co-founder of BitMEX, remains bullish on Bitcoin, advocating for investors to ‘buy the dip.’ His
The recent Bitcoin price crash below $66,000 has sent shockwaves through the market, resulting in over $90 million in liquidations within just 24 hours. Analysts are expressing concerns that the worst is yet to come, with crypto analyst Ali Martinez predicting a further 20% decline in Bitcoin’s price from its current level. Martinez’s analysis on
In the midst of significant turbulence in the cryptocurrency market, investors are turning to Bitcoin as a safe haven. With Bitcoin’s dominance reaching a nine-week high of 57%, it is clear that many see it as a stable asset amidst the chaos. Altcoins, on the other hand, are facing the brunt of the market sell-off,
The current state of Bitcoin, according to Travis Kling, Founder and Chief Investment Officer of Ikigai Asset Management, is characterized by being ~10% off of its all-time highs and on the brink of cannibalism. Despite the NASDAQ surging 16% since April 19, Bitcoin has shown relatively flat performance within the macroeconomic environment. This underperformance is
Growing up in Edo State, Nigeria, I was surrounded by a supportive family who instilled in me the values of perseverance and hard work. My siblings have always been my role models, guiding me through life’s challenges and helping me become the person I am today. My parents, in particular, have been the driving force
