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The cryptocurrency world is buzzing with speculation as renowned trader Peter Brandt casts doubt on the sustainability of Bitcoin’s current bull market. In his thought-provoking analysis titled “Has Bitcoin Reached its Peak? Examining Historical Patterns,” Brandt delves into the patterns and trends of Bitcoin’s past price cycles, raising concerns about diminishing momentum. Diminishing Momentum in … Read more
As the highly anticipated halving event approaches, doubts arise about its potential impact on cryptocurrency. Will Bitcoin fail to reap the expected rewards, leaving investors questioning their predictions? It’s time to reevaluate the future of BTC and its halving hype. Bitcoin takes a tumble on Tuesday morning, shedding 4.39% of its value and plunging to … Read more
March’s US CPI data sent shockwaves through the market with a sizzling 3.5% increase, surpassing all expectations. The news was not well-received by investors as most indices took a hit. But amidst the chaos, one digital currency stood strong. Bitcoin, after a brief dip, held its ground at an impressive $70,000. It seems the accumulation … Read more
The countdown to the highly anticipated Bitcoin (BTC) halving has begun, and the world of cryptocurrency is buzzing with anticipation. Despite the looming deadline, investors remain unwavering in their belief that Bitcoin will soar to new heights. With each passing day, excitement and speculation build, as the crypto community eagerly awaits the momentous event. Bitcoin … Read more
Venture Capital Investments Skyrocket in 2024 After a Period of Struggle Crypto Craze Continues to Surge as VC Funds Skyrocket by 32% in Just Three Months! According to the latest reports from Bloomberg, the first quarter of 2024 saw a jaw-dropping $2.5 billion poured into crypto startups, surpassing the previous quarter’s investments. And it’s not … Read more
The world of cryptocurrency was rocked this week as the market took a sharp turn, with Bitcoin plummeting by a staggering 10% in just 48 hours. Investors were left reeling as the once-booming market showed signs of instability. The cause behind the recent market plunge has been a hot topic, and Altcoin Daily’s in-depth investigation … Read more
Bitcoin (BTC) is facing a formidable challenge as it struggles to break through the $70,000 mark, emerging from a recent bearish trend. The token is currently valued at a whopping $70,464 (BTC/USD). Although it has only risen by 0.29% since yesterday, the market is buzzing with anticipation for what’s to come. As Thursday trading kicks … Read more