The recent news of Iran launching missile and drone attacks on Israel has had a significant impact on the cryptocurrency market, particularly on the price of Bitcoin. Following reports of the escalating tensions in the Middle East, Bitcoin experienced a considerable selloff, plummeting by 8.07% from $67,132.1 to $61,710.58. This sharp decline in price was
Bitcoin
The countdown to the much-anticipated 2024 bitcoin halving event has stirred up a whirlwind of excitement and speculation within the cryptocurrency world. Social media platforms are buzzing with discussions surrounding the impending halving, with a noticeable increase in chatter, as reported by Santiment. This surge in social media activity is seen as a potential indicator
The recent weeks have seen a decrease in the bullish momentum of the Bitcoin price, raising concerns about the progression of the crypto bull cycle. A flash crash on April 12 resulted in the premier cryptocurrency’s value dropping from $70,000 to below $67,000. This decline highlights the struggle of Bitcoin to reach its recent all-time
The recent turbulence in the crypto market on April 12 left many investors stunned as the prices of Bitcoin and other major altcoins experienced a sharp decline. This unexpected turn of events led to massive liquidations, with over 277,000 traders losing their leverage positions within a span of 24 hours. The total amount of crypto
When looking at the impact of Bitcoin Halving events on the flagship cryptocurrency’s price, it is essential to consider opinions from various analysts in the field. Hannah Phung, a lead analyst at on-chain analytics platform SpotOnChain, shared her perspective on how Bitcoin’s price tends to increase around 6 to 12 months after the Halving, rather
The world of cryptocurrency has not been immune to the attention of the ultra-wealthy elite, as high-net-worth individuals with assets worth millions and billions of dollars are now looking to diversify their portfolios by entering the digital asset market. Barbara Goldstein, the Managing Partner at R360, an exclusive networking and investment club for the uber-rich,
Bitcoin, the leading cryptocurrency in the market, has been garnering attention as it hovers around the $70,000 threshold, showing signs of a notable recovery. With the upcoming much-anticipated Bitcoin Halving event, Rekt Capital, a well-known cryptocurrency analyst, has provided valuable insights into the market dynamics surrounding this event. His analysis outlines three distinct stages that
The price of Bitcoin has once again surged bullishly, surpassing the $70,000 mark and indicating a strong momentum for an upward movement. Renowned cryptocurrency expert, Crypto Jelle, has made a bullish forecast for the crypto asset, predicting a price level of $82,000 in the short term. Jelle pointed out that after a fakeout, Bitcoin retested
The latest analysis from CryptoQuant suggests that the long-anticipated 2024 Bitcoin halving may not have the significant impact on the price of BTC as previously expected. The analytics firm points out that the influence of the halving event has been dwindling over time, with other market dynamics now playing a more crucial role in driving
Bitcoin has seen a recent price decline after briefly surpassing the $72,000 mark on April 8. This dip is attributed to several factors, including the upcoming release of the March Consumer Price Index (CPI) data on April 10. Market experts are anticipating that the CPI report may reveal a rise in overall inflation, which could
