BTC

Since its introduction to Wall Street, institutional appetite for spot Bitcoin (BTC) ETFs has continued to grow. On March 27, total net inflows reached $243 million, suggesting mainstream adoption. Meanwhile, as the meme craze continues, dogwifhat (WIF) remains one of the show’s stars, and has been skyrocketing. At the same time, InQubeta (QUBE), a new and promising AI altcoin, is nearing its explosive market debut, tipped for a 65x upswing. InQubeta (QUBE): Navigating Bullish Paths InQubeta (QUBE) has the potential…

The post Altcoins Plunge by Over 10% as Bitcoin (BTC) Price Revisits $66,000: Here’s What to Expect  appeared first on Coinpedia Fintech News Satoshi’s street is undergoing a bloodbath as the interim recovery period appears to have faded off. The BTC price is heading close to the lower support around $65,000 without any interference from the bulls and as a result, the selling volume has mounted in the crypto space. With this, the altcoins have plunged, while the memecoins and…

Monday saw as much as a 4.5% dip before price came back. Tuesday has so far been worse. Will bitcoin bounce from the current level, or is the market to be given a more generous opportunity to buy bitcoin? More downside to come? The crypto market is in the red for the second day running. Monday registered a 2.3% pullback, and so far on Tuesday, the price is down a further 4.4%. Could this be the entire extent of this…

Bitcoin (BTC) experienced a sharp decline today. On April 2, 2024, at 02.45 UTC, Bitcoin’s price briefly dipped below $67,000, triggering over $500 million in trader liquidations. The downturn comes after BTC managed to climb back to $71,000 yesterday. Should Bitcoin Investors Watch Out for Further Corrections? Based on the data provided by CoinGlass, in the last 24 hours, the cryptocurrency market witnessed a significant amount of liquidation. The total liquidation amount reached a staggering $500.45 million, leading to the…

The post Why is The Bitcoin (BTC) Price Down Today? appeared first on Coinpedia Fintech News The cryptocurrency market witnessed a sudden downturn as Bitcoin plummeted in value with the onset of Q2, triggering significant liquidations across the entire network.  Continue reading this article to delve into the details of the flash crash and its market implications –  Bitcoin Price Plunge 5% Bitcoin, the leading cryptocurrency, experienced a sharp decline, dropping to as low as $66,000, while Ethereum briefly fell…

After a few days of sideways trading, Bitcoin’s price has headed straight south, with a massive plunge that has pushed it to a 9-day low of $66,000. The altcoins are in an even worse position, with several double-digit price losers, such as Dogecoin, Shiba Inu, Bitcoin Cash, and Avalanche. BTCUSD. Source: TradingView CryptoPotato reported yesterday morning BTC’s price movements, which were quite sluggish. The asset had calmed over the weekend and stood primarily around $70,000 after failing to overcome the…

The post Investors Double Down On Bitcoin And Ethereum Amid Market Dips! Here’s What To Expect From BTC And ETH Price Next appeared first on Coinpedia Fintech News As we head toward the Bitcoin halving event, just a few days away, the market is experiencing a battle between the bulls and bears. Buyers are pushing hard to set a new all-time high for Bitcoin ahead of the event. Meanwhile, despite the presence of sellers at resistance levels, every dip in…

After a strong move up on Sunday, bitcoin was able to close well above the support at $69,000. $BTC just tested this support early on Monday. Will $BTC now move upward to test the high at $73,800, or will the support be breached? Bitcoin made a good surge on Sunday to close both the weekly and monthly time frames nicely above the $69,000 of the last bull market high. That said, the price was rejected from the $71,300 resistance, and…

Tether, the world’s leading stablecoin issuer, has significantly bolstered its reserves by acquiring 8,889 Bitcoin (BTC). Tether’s most recent purchase brought its total Bitcoin reserves to over 75,000 BTC, with a combined value exceeding $5.3 billion. Tether’s Growing Embrace of Bitcoin The on-chain data reveals that Tether received the Bitcoin from Bitfinex’s hot wallet on March 31, 2024, at 17.21 UTC. At the time of the transaction, those Bitcoins were worth approximately $627 million. Over the past year, Tether has…