If this happens then the price of Bitcoin will soon reach $86,000

Bitcoin will soon reach 86,000

The digital currency world has been surprisingly tranquil over the last 24 hours, despite the wild ride of Bitcoin’s value as it hovers near the bottom of a bullish flag formation. Zooming in, the battle between Bitcoin and the US dollar has been fierce, with the former struggling to break through the formidable $67,200 barrier. … Read more

Bitcoin Drops, Gets Huge Rejection from $68,000: More Losses to Come?

Bitcoin Drop

Bitcoin’s current trading position is causing a stir, with the daily chart showing a downward trend. Despite a glimmer of hope earlier this week, the post-Halving crash has sent prices plummeting. The sharp decline is a clear indication that the coin faced a fierce rejection from its peak on April 13th and the middle BB. … Read more

Altcoins on the Verge: Brace for a Big Leap

Altcoins on the Verge Brace for a Big Leap

Following a rigorous correction, the altcoin market is making a speedy comeback. With bitcoin on the rise towards its record-breaking peak, the altcoins are eagerly vying for a chance to break out and make their mark. Altcoin Market Cap In Bull Flag As the mighty bitcoin rises, reclaiming its spot at the peak of its … Read more

Will Bitcoin Halving Drive Price Up?

Bitcoin Halving

Amidst the heated debates, one question remains: does halving truly propel Bitcoin’s rise, or are there other forces at play during this pivotal moment? The highly-anticipated halving event is finally here, promising to shake up the market. Many experts predicted a surge in price, but the reality has been quite different. Instead of soaring to … Read more

Bitcoin Drops 8%, Drops Below $62K Before Rebounding

Bitcoin Drop

Saturday proved to be a tumultuous day for the world of cryptocurrency, as Bitcoin (BTC) and its counterparts took a sharp nosedive of nearly 10%. The value of the leading digital asset plummeted below $62,000, sending shockwaves through the market. However, just as quickly as it fell, BTC managed to regain its footing and climb … Read more

Bitcoin is falling as market expectations rise

Bitcoin is falling as market expectations rise

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

Bitcoin (BTC) Hangs on at $69,000 – Next Price Move Coming

Bitcoin (BTC) price update

After reaching an all-time high just a few weeks ago, the $BTC price is now in a state of limbo, gathering its strength for the next monumental leap into uncharted territory. $BTC Awaits Bullish Momentum Bitcoin, the king of cryptocurrencies, is perched precariously atop the critical $69,000 resistance level. This number holds significant weight as … Read more

Bitcoin down: Is the bull run over?

Bitcoin-down-Is-the-bull-run-over

The highly coveted Bitcoin (BTC) is currently teetering above the $70,000 mark on this fine Tuesday morning. But hold on tight, as experts predict a possible plunge in the next few hours. Is this the demise of the current bullish trend? At the time of writing, the ever-fluctuating Bitcoin market stands at an impressive $70,724 … Read more

After selling 36 million GBTC shares, Genesis bought $2.1 billion worth of Bitcoin

After selling 36 million GBTC shares, Genesis bought 2.1 billion worth of Bitcoin

Expanding its digital assets portfolio, embattled crypto lending company Genesis has made a bold move by acquiring a staggering $2.1 billion in Bitcoin (BTC). This strategic move comes after the firm sold off a whopping 36 million shares from the renowned Grayscale Bitcoin Trust (GBTC). In a bold move, Genesis has sold a whopping 36 … Read more

Will Bitcoin (BTC) Recover? Crypto market sees a major decline as Bitcoin falls 10% in two days

Will Bitcoin (BTC) Recover Crypto market sees a major decline as Bitcoin falls 10 in two days

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