SkyBridge Capital founder Anthony Scaramucci said that war or terrorist attacks could potentially lead to a 10% to 15% decline in Bitcoin’s value over the next year.
Amidst Bitcoin’s recent dip below $63,000, an April 18 report by technical analyst Ali Martinez revealed a surge in BTC accumulation, signifying resilience among Bitcoin holders.
As Bitcoin teeters around the $61,650 mark after a 4% drop, its behavior hints at potential volatility. With the dollar’s rise linked to paused rate cuts enhancing its appeal, Bitcoin faces an opposite effect—diminished attraction due to the anticipated long-term high rates.
Momentum around Bitcoin (BTC) continues to build as the Halving Event quickly approaches, and the Lightning Network is playing an important role in supporting small-scale miners. Bitcoin miners, in particular, have been paying close attention to how this year’s halving may impact operations.
Bitcoin (BTC) bears are eyeing a break below the key psychological $60,000 level, with ETF flows having slowed this week, and macro headwinds continuing to pile up, with some predicting that the Bitcoin price could be headed towards $50,000 next.
As Bitcoin trades at $61,577, down by approximately 2.50% with a $42 billion trading volume over the last 24 hours, market watchers are paying close attention.
A recent report from SoSoValue shows significant movements in the Bitcoin exchange-traded funds (ETFs) market, mainly focusing on the outflows observed in Grayscale’s Bitcoin Trust (GBTC) and the broader net outflow of $58.03 million from Bitcoin spot ETFs.
Bitcoin mining companies are experiencing a significant decline in their stock prices as they face reduced revenue due to an upcoming code update for the largest cryptocurrency.
Bitcoin’s soon-to-launch “Runes” token standard will allow the premiere crypto network to catch up to rivals in the realm of DeFi, predicted asset manager Franklin Templeton in a Monday report.
As the cryptocurrency community anticipates the next Bitcoin halving event, expected around April 19 or 20, speculations about its impact on Bitcoin’s price are intensifying.
The available Bitcoin supply on exchanges is rapidly diminishing, potentially reaching depletion within the next nine months, according to a Monday analysis by Bybit.
10x Research Founder Markus Thielen who predicted Bitcoin’s recent pre-halving rally to all-time highs has turned bearish on risk assets such as technology stocks and cryptocurrencies.
Publicly traded Bitcoin mining firm Hut 8 Corp announced on April 16 the initialization of self-mining operations at its new Salt Creek facility, only 78 days after breaking ground in the area.
The central bank of the Pacific island country of Fiji has released a note to the public cautioning that cryptocurrencies and virtual assets such as Bitcoin, Ethereum, and Tether are not recognised as legal tender in the country.
In this latest Bitcoin price prediction, the cryptocurrency is trading at $62,900, a slight decrease of around 0.65%. Recent developments, including the conditional approval of Bitcoin and Ether ETFs in Hong Kong and escalating Middle East tensions, influence market dynamics.