Bitcoin’s recent roller-coaster ride in the market has left many investors and experts scratching their heads in confusion. From reaching an all-time high of over $73,600 to plummeting to under $60,800, a significant -17% loss in value, the leading cryptocurrency has sparked intense debates and speculations across various social media platforms. According to prominent figures
Bitcoin
Crypto research firm Kaiko recently mentioned an ‘Alameda Gap’ that has been significantly affecting the Bitcoin and crypto market. This gap was a result of the collapse of the defunct crypto exchange FTX and its sister company Alameda Research, a major market maker providing liquidity to the market. Following Alameda’s collapse, market makers waited on
The recent Bitcoin price crash caught many crypto investors off guard, but some analysts, like Rent Capital, were able to predict it. Rent Capital’s analysis highlighted the established trend of Bitcoin experiencing a decline before its halving. Looking back at historical data, it is evident that Bitcoin typically sees a price drop of around 20%
Bitcoin recently experienced a significant crash, dropping to $64,000, and has been struggling to recover its momentum ever since. The crash had a ripple effect on the entire crypto market, leading to a decline in the prices of altcoins as well. One of the most devastating events occurred on the Seychelles-based exchange BitMEX, where Bitcoin
Bitcoin, the flagship cryptocurrency, recently experienced a drop below the $63,000 mark after hitting a new all-time high of $73,750. This price correction has been attributed to various factors, with one of the main culprits being the impending Bitcoin Halving event. According to insights provided by crypto trader Rekt Capital, Bitcoin seems to be entering
The Government Pension Investment Fund (GPIF) of Japan, known as the world’s largest pension fund with assets totaling $1.5 trillion, has made headlines by revealing its intent to explore diversified investment opportunities that include Bitcoin. This move represents a significant departure from its traditional investment approach, which has primarily focused on conservative asset classes. The
Bitcoin (BTC) recently experienced a significant price correction, dropping from its all-time high above $73,000 to an intraday low of $64,620 on March 17th. This sudden pullback has left investors questioning whether this is just a temporary setback or a sign of a more bearish future. Analysts have pointed to declining profitability and a decrease
In a surprising turn of events, the cryptocurrency market has been shaken by a sudden drop in Bitcoin prices. After a period of significant gains and all-time highs, Bitcoin has seen a drastic decrease, hitting a low of $65,000 within a week. This downturn has proven to be a major setback for investors, with the
The recent market plunge has left the crypto industry reeling, with hundreds of millions of dollars being wiped out in just a few hours. Bitcoin, which had been on a steady upward trend, suddenly plummeted to a weekly low of $67,500, causing panic among investors. This sudden drop also impacted altcoins, leading to a significant
Bitcoin (BTC) has been the talk of the town in the past few weeks, with its price skyrocketing to a new all-time high of $73,750. This surge, attributed to the pre-halving rally, has captured the attention of many investors in the cryptocurrency market. However, what goes up must come down, and BTC has experienced a