Bitcoin’s Price Drop to $64,000 Leads to $210 Million Liquidations in One Day
Bitcoin’s decline to $64,000 had a widespread impact on the overall market, particularly affecting altcoins, which experienced larger drops than BTC.
Bitcoin’s decline to $64,000 had a widespread impact on the overall market, particularly affecting altcoins, which experienced larger drops than BTC.
This is not the first time Langalis would be cashing out from the yellow pad sign. In 2019, he created and sold at least 21 replicas of that sign at an average price of 0.8 BTC.
By April 2023, the country had already overtaken Asia on the Bitcoin ATM count roll.
Bitcoin miners saw a significant increase in earnings due to the Runes protocol. On the halving day, miner revenue soared to a record $107 million despite the 50% reduction in block rewards.
According to a recent Bitfinex market report, the Bitcoin supply squeeze has already begun following the recent halving event.
Fidelity continues to have a “neutral” outlook for Bitcoin stating that BTC is fairly priced with on-chain indicators also showing strength.
One of Hougan’s takeaways from the IMF Working Paper hinges on the fact that the organization is interested in Bitcoin.
A Swiss non-profit group is making a second attempt to convince the central bank to add Bitcoin to its national reserves.
The Bitcoin race to $100K and beyond was triggered by the BTC halving event 2024 over the weekend amid heightened demand from institutional investors.
As Bitcoin price rebounded prior to options expiry, traders took advantage of negative funding rates to initiate long positions, leading to a recovery.