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.
Browsing: Cryptocurrency
Cryptocurrency News
Read all the latest updates on cryptocurrency – news, prices, breakthroughs and analysis with emphasis on expert opinion and commentary from the crypto currency community.
Where Is the Cryptocurrency Industry Heading?
AlexaBlockchain provides latest cryptocurrency industry news, updates, trends, opinion and analysis to give a comprehensive view of where the crypto-currency industry heading?
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.
On March 7, 2024, daily revenue for Bitcoin miners peaked at $78.6 million, eclipsing the previous high of $77.3 million recorded on April 14, 2021.
This milestone underscores a significant shift in the investment landscape, with Bitcoin and other digital assets increasingly being embraced by mainstream financial institutions.
“AxHKD is poised to play a pivotal role in weaving the Hong Kong Dollar into the fabric of the Web3 ecosystem, driving innovation and financial inclusion,” states Conflux Founder, Fan Long.
Quigley remarked on Bitcoin’s unique position as a sentiment-driven asset, devoid of traditional valuation metrics, making it a magnet for speculative interest.
John cautions against over-leverage and unrealistic expectations, predicting a possible correction to the mid-$40k range.
Ryan Lee, Chief Analyst at Bitget Research, predicts a stable trajectory for ETH, with no significant downturns expected before May.
Worldcoin (WLD) hits a groundbreaking ATH of $7.96! Spearheaded by Sam Altman, this iris-scanning crypto marvel has surged over 200% in just 2 weeks. Is this the future of digital identity? Dive into the details of its astonishing journey and what lies ahead.
This year promises to be a watershed in the evolution of money, reshaping how we perceive and interact with this fundamental aspect of our daily lives.