In a development Bitcoin went through a price drop of 12.5%, between March 14 and March 17 reaching a value of $64,545.
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A significant development has taken place in the cryptocurrency market, where nine introduced spot bitcoin exchange traded funds (ETFs) have collectively acquired 453,503.98 bitcoins, valued at, around $30.29 billion based on the data.
During a weekend of trading Bitcoin experienced a decline as it neared the $60,000 mark on March 17. After reaching record highs in the week the digital currency faced increased selling pressure leading to a pattern of declining values and unsuccessful recovery attempts.
During a week where the cryptocurrency market saw a decline the non token (NFT) sector also faced reduced sales.
Alliance Bernstein Stands Firm on $150K Bitcoin Prediction by Mid-2025 Amidst Increasing ETF Inflows
Alliance Bernstein, an asset management firm has reaffirmed its prediction that Bitcoin will hit the $150,000 mark by mid 2025.
In the changing world of cryptocurrency Bitcoin continues to showcase its resilience in the face of market ups and downs.
In happenings, in the world of cryptocurrency, Solana (SOL) has shown a 2% growth despite a general market decline.
In a turn of events the cryptocurrency market experienced a downturn particularly with Bitcoin facing a notable decrease, in value.
Bitcoin made history on March 13 by reaching a record high of $73,650 marking a milestone. This achievement followed a 44% surge, in value within 16 days.
In a achievement the value of Bitcoin has surged beyond $72,000 pushing its market value above that of the entire global silver market.
Glassnode, a company specializing in analytics teamed up with Cryptovizart, a researcher to conduct an analysis shedding light on the key factors driving Bitcoins surge, to new heights ahead of its upcoming halving event.
Investors and speculators are showing confidence, in the market by supporting bitcoins potential to reach new heights.
In a shift, in the market BNB the currency linked to the Binance crypto platform hit a peak not seen in two years on March 8 reaching $489.50.
In the paced realm of cryptocurrency Bitcoin has recently reached a point. After dropping by $10,000 following its record breaking highs on March 5 the digital currency has made a comeback nearing $67,400 as of March 7 after Wall Street opened.