Browsing: Cryptocurrency

In the span of a week, Bitcoin has witnessed a dramatic shift, plummeting from a comfortable $72,112 on April 8 to a shaky $61,593 on April 14.

Discover if Bitcoin’s divergence from the stock market surge indicates an imminent peak. Explore factors such as ETF impacts, halving effects, and future price predictions.

Aside from his Bitcoin ETF holding, Tharoor’s affidavit shed light on his diverse investment portfolio, including overseas investments in equities, corporate bonds, certificate of deposits, options, and US Treasury Securities.

The stablecoin will debut on the XRP Ledger (XRPL) and Ethereum (ETH) blockchains, with plans to expand to additional blockchains and DeFi protocols and apps over time.

“With Wall Street’s continued purchases and the effect of the halving market, the next BTC bull market will come early, and April is an important month determining the trend of the next few months,” states Bitget Research Chief Analyst, Ryan Lee.

“There is a strong likelihood for Bitcoin to achieve a new all-time high, potentially ranging between $100,000 and $150,000,” predicts Jyotsna Hirdyani, Head of South Asia at Bitget.

While the correction from its all-time high was a jolt to the market, the subsequent recovery and current indicators suggest resilience in the face of volatility.

“The demand for 1GBP has exponentially grown among our customers as its business model guarantees that it will always maintain a stable value and facilitate seamless transactions,” states Sam Buxton, CEO of Damex.

After reaching a new all-time high (ATH) of $72,709, the BTC price fell more than 3%, dropping below $70,000 shortly after the U.S. Consumer Price Index (CPI) report was released Tuesday morning.

Bitcoin has surged 14% in the past week, climbing from $63,814.08 on March 6, 2024, to an impressive $72,738.19 by March 12, 2024.