Bitcoin price today 04/15/2024: Bulls try to recover 10% drop from the weekend in last gasp before halving

After the crash of more than 10% over the weekend, bulls are trying to recover the price of BTC again and thus drive the last gasp of bullishness before the halving.

It is quoted this Monday morning, 04/15/204, at R$ 338,845.76. After the crash of more than 10% over the weekend, bulls are trying to recover the price of BTC again and thus drive the last gasp of bullishness before the halving.

Neil Roarty, analyst at Stocklytics, highlights that even by Bitcoin standards, it was a volatile weekend and one that showed that the world's most popular cryptocurrency is not isolated from geopolitical shocks. Iran's drone and missile attack on Israel sent BTC falling below $62,000 – losing nearly 8% of its value in a matter of minutes – as fears of an escalation grew.

Bitcoin price recovery gives boost to BNB, TON, VET and BGB – Will it last?

“While some consider Bitcoin a safe haven, the sharp drop in the face of political uncertainty is a reminder that its fortunes are now increasingly tied to the broader financial system. More encouraging for bulls, Bitcoin managed to recover most of Saturday night's losses following global calls for de-escalation," he said.