In an update, in the world of cryptocurrency James Check, a leading on chain analyst at Glassnode has shared some insights indicating that the Bitcoin market is gearing up for a shift during this bull run.
Bitcoin News
As Bitcoin heads, into the quarter of the year its edging closer to the $70,000 mark drawing attention from investors and traders who’re eager to see if it can surpass its previous peak.
During a week, in the world of currencies BNB saw a notable 12% rise in its value hitting a high of $620 for the first time in nearly two weeks.
In an occurrence, within the world of cryptocurrency Bitcoin continued to trade above the $69,000 mark on March 29 following the largest quarterly expiration of Bitcoin futures options to date.
In updates, in the finance industry Goldman Sachs, a global investment firm has seen a rise in cryptocurrency involvement among its top clients.
In the world of cryptocurrency, Bitcoin (BTC) saw a dip dropping to $68,430 on March 27 after failing to break through the $71,000 mark.
In a twist, in the industry the cryptocurrency market showed a notable increase as trading began in Asia indicating a positive reaction from traders to recent global monetary policy changes and advancements in managing digital assets.
In a study conducted by JPMorgan the global investment company expressed concerns regarding the valuation of Bitcoin indicating that the cryptocurrency is possibly overvalued.
This past week has shown a drop, in fungible token (NFT) sales, continuing a downward trend that started earlier this month.
In the changing world of cryptocurrency Bitcoin remains a priority, for traders especially as the futures market sees a surge in open interest surpassing $36 billion.
In developments the cryptocurrency market experienced a decline with an overall decrease of 4.38% resulting in a total market capitalization of $2.42 trillion.
In a thought provoking document titled “Halving Handbook ” Coinbase Institutional has presented an analysis comparing the Bitcoin halving event scheduled for mid April 2024 with the previous market cycle spanning from 2018, to 2022.
In a show of strength and adaptability Bitcoin managed to navigate the uncertainties brought on by the U.S. Unemployment data holding steady, around $66,000.
In a development Bitcoin went through a price drop of 12.5%, between March 14 and March 17 reaching a value of $64,545.
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.
In a discussion, about the differences between assets like gold, silver and oil compared to cryptocurrencies Robert Kiyosaki, the well known author of the popular financial book “Rich Dad Poor Dad ” shared his views on these topics.
During a week where the cryptocurrency market saw a decline the non token (NFT) sector also faced reduced sales.
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 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.
During a event, at Teslas Berlin Gigafactory CEO Elon Musk casually mentioned the potential of incorporating Dogecoin as an official payment option for Tesla cars in the near future.
In a development, in the world of cryptocurrency Bitcoin is approaching a moment that could change how it is traded by September.
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 the changing world of cryptocurrency Bitcoin seems poised for an upswing with predictions pointing to a potential rise, to $90,000 or even higher in the coming weeks.