BTC

Out of the traditional, as well as the crypto markets come a stock (MSTR) and a cryptocurrency (STX) that could outperform bitcoin across the rest of this bull market.  Both $STX and $MSTR could outperform $BTC Stacks (STX) and Microstrategy (MSTR) are certainly odd bedfellows. One is a cryptocurrency that gives access to a layer 2 built on top of the secure bitcoin base layer, and the other is a multi-billion stock market company that just happens to have Michael…

Bitcoin’s price took another sharp turn for the worse yesterday when it dropped below $60,000 for the first time in well over a month. Most altcoins are also deep in the red today, with names such as SOL, DOGE, and TON dumping by more than 5-6%. BTC’s Latest Nosedive It was less than a week ago – last Friday – when the primary cryptocurrency stood above $70,000 and even challenged $71,000. However, that was short-lived, and external events, like the…

TL;DR After hitting a record high of around $73,800, Bitcoin (BTC) experienced a sharp correction to nearly $60,000. Despite the downturn, the upcoming halving on April 19 might trigger a bull run. Ripple is gearing up for a trial against the US SEC set for April 23. This legal battle continues to capture attention, with significant updates expected soon. Despite a recent 22% drop in its market value, Shiba Inu (SHIB) shows signs of potential recovery. Factors such as an…

The crypto bull run of 2024 is about to start and savvy investors are combing through the market for promising coins. With the Bitcoin halving event on the horizon, attention is turning to lesser-known cryptocurrencies with the potential for significant gains. This surge of interest creates a prime opportunity for those looking to diversify their portfolios. Understanding which cryptocurrencies offer strong growth prospects is key for investors aiming to take advantage of the market's upward momentum. CYBRO Presale: Meet the…

The post Why Bitcoin Price dropped below $60K ? Will BTC Price Plunge to $55K This Weekend ? appeared first on Coinpedia Fintech News Bitcoin has lost all the gains it made last Saturday, now trading under the critical $60,000 level as of this Wednesday morning. Following a short-lived rise above $64,000 earlier today, it tumbled down to a low of $59,900—a sharp drop of over 3% within just 24 hours, reaching its weakest point since the start of March.…

The post The Crypto Correction Has Just Intensified: Bitcoin (BTC) Price Tumbles Close to $60,000 appeared first on Coinpedia Fintech News The global factors appear to have highly impacted the traditional financial markets along with cryptos, as the major tokens are facing extreme upward pressure. The war-like situation between Israel and Iran has created immense fear within the market. As a result, the fear and greed index, which had soared above 90, has now dropped to 60. However, it remains…

The cryptocurrency market endured massive volatility this week. Amidst geopolitical instability, this price action triggered billions in liquidation and left many wondering if Bitcoin could be used as a hedge against chaos. However, certain cohorts of Bitcoin holders remained unfazed. This is evident by the fact that Bitcoin appears to be entering an accumulation phase as withdrawals from exchanges surged to levels not seen since January 2023. Bitcoin Investors Prepare for Surge The ongoing accumulation of BTC suggested a significant…

With the Bitcoin halving just days away, the cryptocurrency has been highly volatile leading up to the event. In fact, BTC lost almost 7% on Tuesday alone, fluctuating from $66,000 to the current price of $63,225, extending weekly loss to more than 12%. Bitcoin has so far wiped all the monthly gains and is now consolidating within a parallel channel. However, there are new resistance and support levels that investors need to watch out for. Key Support and Resistance Levels…

BlackRock’s IBIT ETF is setting the pace in the Bitcoin ETF sector, hinting at a broader adoption among institutional investors. JPMorgan’s potential entry into Bitcoin could hinge on evolving market dynamics and increasing interest in cryptocurrency investment strategies. BlackRock’s IBIT ETF has swiftly emerged as a leader in the Bitcoin ETF arena, drawing substantial attention from about 30 institutional investors, which accounts for only 0.2% of the outstanding shares. Despite appearing minimal, Bloomberg’s ETF expert Eric Balchunas suggests this is…