Bitcoin

Bitcoin Could Hit $86,000 If This Key Level Is Surpassed: Analyst

In a compelling forecast for Bitcoin, Ali Martinez, a well-known cryptocurrency expert and trader, has pointed out a possible development that could propel the crypto asset’s price to the $86,000 threshold in the foreseeable future. Bitcoin Movement Determined By Key Levels The analyst’s positive perspective highlights the possibility of a large upward shift in the […]

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Bitcoin

Bitcoin Takes A Hit As Fed Puts Rate Cuts On Hold

Bitcoin’s Price Response to Powell’s Statements Bitcoin, the leading cryptocurrency by market capitalization, saw a nearly 8% decline in its price in the weekly chart, settling at approximately $63,941. This dip coincided with Powell’s statements regarding the future trajectory of interest rates. Source: Coingecko Historically, Bitcoin has exhibited sensitivity to interest rate movements, with investors […]

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Bitcoin

Crypto Guru Warns Of Halving Impact

Bitcoin is currently trying to stay afloat amid geopolitical tensions that have triggered a sharp decline in the flagship crypto’s price. At the time of writing, Bitcoin was experiencing a significant drop of nearly 15%, plummeting to a low of $60,660, its lowest level in almost a month. Amidst this turbulence, prominent Bitcoin advocate and […]

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Bitcoin

Dominance Slips Amid Israel-Iran Conflict

Over the weekend, the cryptocurrency markets were thrust into turmoil as escalating tensions in the Middle East sent shockwaves through global financial markets. Iran’s retaliatory drone and missile attack on Israel, following the bombing of the Iranian embassy in Syria, sparked fears of further conflict in the region. As a result, investors flocked to safe-haven […]

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