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Bitcoin Price Surges Towards $65,000
As CryptoPotato reported earlier, the BTC price fell back below the important $60K level. This came following reports of explosions occurring close to Isfahan – near the airport of this Iranian city. The reports were sourced from FARS – a semi-official news agency in the country, which cited local sources. Now, however, it was reported…
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Bitcoin Experiences Significant Fluctuations as Iran-Israel Tensions Escalate (Market Watch)
Bitcoin’s price has been heavily impacted by the developments on the Israel-Iran front, as the asset plummeted below $60,000 last night before it soared to $65,000 after the latter reportedly said there would be no retaliation soon. The altcoins experienced a similar roller-coaster, but most of them are currently in the green on a daily…
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Rising Halving Expectations Cause Bitcoin Transaction Fees to Surpass Ethereum’s
For the past four days, fees paid by users on Bitcoin have exceeded those on Ethereum, according to data from Cryptofees, a data analytics platform. This surge in Bitcoin transaction fees has been associated with the growing anticipation surrounding the upcoming halving event and the Runes upgrade. Bitcoin Fees Surpasses Ethereum for 4 Consecutive Days…
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Bitcoin Plummets 8% in the Face of High Volatility and Geopolitical Concerns as Crypto Markets Experience Turbulence: A Summary of This Week’s Events
It has been an eventful week in the world of Bitcoin. The price of Bitcoin dropped by approximately 8% over the past seven days, leading to a decline in the total cryptocurrency market. This decline coincides with escalating geopolitical tensions between Iran and Israel. Let’s take a closer look. Currently, Bitcoin is trading around $65K,…
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Bitcoin Traders Decrease Risks Before Halving: CryptoQuant
Bitcoin’s drop to $61,000 during the weekend was a result of traders reducing their exposure to the digital asset ahead of the halving scheduled for April 20, as per the latest CryptoQuant weekly report. Analysts noted that traders closed their long positions to lock in profits, leading to a dominance of sell orders over buy…