Bitcoin Halving 2024 Just Month from Now Around April 17-20, Analysts Advise Caution
As we are just 3-4 weeks away from Bitcoin halving, BTC price has reportedly entered a danger zone where investors need to be cautious of the upcoming volatility.
As we are just 3-4 weeks away from Bitcoin halving, BTC price has reportedly entered a danger zone where investors need to be cautious of the upcoming volatility.
The recent decline in Bitcoin’s value may be partly attributed to traders’ growing interest in speculative memecoins that offer limited liquidity.
Heightened Bitcoin price volatility in the past 24 hours triggered over $349 million in crypto liquidation from leverage trading.
Macroeconomic factors have played a huge role in driving Bitcoin price higher.
The SEC has pushed making a decision on an application from the Cboe seeking to trade Bitcoin ETF Options. The agency will decide by April.
The Grayscale’s GDIF will enable investors to earn passively from staking APT, TIA, CBETH, ATOM, NEAR, OSMO, DOT, SEI, and SOL.
Bitcoin hits a new all-time high of $69,170 driven by US regulators’ approval of ETFs and rising investor confidence. Analysts weigh in on Bitcoin’s future amidst market euphoria.
Bitcoin’s recent surge is driven by robust demand from new US spot Bitcoin ETFs with BlackRock Inc and Fidelity Investments garnering over $7 billion in net inflows since their launch on January 11.
The recent price surge has led to a spike in liquidations of leveraged Bitcoin positions, particularly short positions.
The massive Bitcoin price rally in 2024 is majorly due to the continuous inflows into the Bitcoin ETFs launched in January.
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