This week saw a notable increase in the cryptocurrency market’s volatility, spurred on by the anticipation of the upcoming Bitcoin Halving event. The early week recovery in the market reverted quickly on the weekend as the BTC price fell to a low of $65133 on Friday. Amid this downfall, the ETH price plunged to swing […]
Spot Ethereum ETF May See Green Light in May, Boosts ETH Price
The crypto market is witnessing a surge in optimism as Ethereum’s price experiences a significant boost. This rise in value is primarily linked to the anticipated approval of a spot Ethereum Exchange-Traded Fund (ETF) by the U.S. Securities and Exchange Commission (SEC). Bloomberg Intelligence analyst Eric Balchunas estimates a 70% chance of approval by May. […]
Bitcoin (BTC) Price Erases $6,000 As Israel – Iran Conflict Escalates
Bitcoin’s (BTC) price has dropped by more than 7% and current market data shows that the leading digital asset by market capitalization is trading at $62,649.63. Bitcoin Price Extends Its Bearish Drawdown Prices of cryptocurrencies including Bitcoin and Ethereum (ETH) have dropped significantly after it was announced by the Israeli military that Iran had attacked […]
First Bitcoin (BTC) Options Expiry After ETF Approval, Uncertainty Prevails
With the historic first day of trading on Wall Street for the spot Bitcoin ETF, the BTC price has given a muted response. As of press time, Bitcoin is trading 0.87% down at a price of $46,080 and a market cap of $902 billion. Also, the Bitcoin options data suggests a muted response in trading […]
Bitcoin (BTC), Altcoins Enters Recovery Mode, Is The Bottom In?
The price of Bitcoin (BTC) suffered one of its most drastic falls over the past month this weekend. Within about an hour, the coin plunged from $68,000 to below $62,000, triggering millions in liquidations with thousands of traders affected. Bitcoin and Altcoins Finding Balance, Where is The Floor? At the time of writing, Bitcoin price […]