Well, yesterday evening, April 12, the price of the first cryptocurrency fell to $65,000. Today, April 13, digital gold recovered to above $67,000.
After Bitcoin, other digital assets crashed. Among the top 10 cryptocurrencies by capitalization, Dogecoin (-13.7%), Solana (12.6%) and XRP (-11.5%) lost more than others during the day.
At the same time, Ethereum broke the $3200 mark, Solana $150, Toncoin $6.
According to Coinglass, over the past 24 hours, the volume of liquidations reached $937 million. Of them, $824 million are long positions.
Previously, ex-CEO BitMEX Arthur Hayes allowed bitcoin to fall before and after the halving. At the same time, he called the event a bullish catalyst for the market in the medium term.
I will also remind you that the CEO of Morgan Creek Capital, Mark Yusko, gave his forecast for the first cryptocurrency to rise in price to $150,000 by the end of the year. He is quite sure that the growth of BTC after haling will be parabolic on the graph.
And investor and billionaire Tim Draper himself made an even more bullish prediction for the BTC price of $250,000 by the end of this year.
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