#InvestmentTrends
Crypto Market Tumbles as Bitcoin Struggles, Major ETFs See Withdrawals Amid Regulatory Uncertainties
The cryptocurrency market cap has seen a decrease of approximately 4%, now standing at roughly $2.48 trillion. This decline is predominantly driven by Bitcoin, which was trading at around $64,253 early Thursday in the Asian markets, after struggling to breach the significant $67k resistance level. More than $212 million in crypto assets were liquidated recently,…
Market Analyst Projects Bitcoin Downturn Amid Economic Shifts
In light of recent market dynamics, Markus Thielen, a prominent analyst known for his accurate forecast of Bitcoin’s surge, is now predicting a downturn for Bitcoin and broader risk assets, according to a CoinDesk report on Tuesday. Thielen, leading 10X Research, has issued a warning about a likely significant market downturn triggered by persistent inflation…
The Ripple Effect of Bitcoin Halving on Altcoin Valuations
In the world of cryptocurrencies, a seismic shift is anticipated with the forthcoming Bitcoin (BTC) halving event slated for April 19. This event, historically, has not just influenced Bitcoin but has also acted as a springboard for altcoins, propelling them into significant rallies. Data from past halving occurrences highlight a marked reduction in Bitcoin’s market…
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