#Bitcoin Price Prediction as $40 Billion Trading Volume Comes In – Did Whales Buy the Dip?

Recent #Bitcoin price predictions become a focal point as the cryptocurrency maintains its position at $63,900, with a modest uptick of 0.15%.

This stability unfolds amidst varying market conditions, including the cooling interest in spot #Bitcoin ETFs and notable discussions at the Rio WebSummit, where the potential for Bitcoin’s value to exceed $1 million was suggested.

Such forecasts play a crucial role in shaping investor sentiment and the strategic positioning within the volatile cryptocurrency market. #newsdaily

South Korean Won Saw $456B in Crypto Trades in Q1, Overtaking US Dollar

The South Korean won has emerged as the leading fiat currency for cryptocurrency trading, overtaking the US dollar in the first quarter of 2024.

According to a recent research report by Kaiko, the South Korean won accounted for more than $456 billion in trading volume on centralized crypto exchanges, surpassing the $455 billion volume in US dollars.

Kaiko attributed the growing dominance of the South Korean won to the “fee war” among Korean crypto exchanges.

The report highlighted that the improving macroeconomic environment and intense competition between exchanges in South Korea have fueled trade volumes, reaching their highest level in over two years in early March.

As a result, the cumulative trade volume of the South Korean won exceeded that of the US dollar in Q1 2024.#newsdaily

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#IOTX/USDT

Trade Type =LONG

Leverage : Cross 20-30 X

Entry : 0.0802

Target:  0.0827, 0.0835, 0.0843

Stoploss : 0.0747

$IOTX @CRYPTO HYPER

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💹DOGE/USDT

Trade Type =LONG

Leverage : Cross 20-30 X

Entry : 0.2030

Target: 0.2095, 0.2115, 0.2136

Stoploss : 0.1895

$DOGE @CRYPTO HYPER

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#DODO/USDT

Trade Type =LONG

Leverage : Cross 20-30 X

Entry : 0.2520

Target:  0.2604, 0.2630, 0.2655

Stoploss : 0.2395

$DODO @CRYPTO HYPER

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#GRT/USDT

Trade Type =LONG

Leverage : Cross 20-30 X

Entry : 0.3510

Target: 0.3526, 0.3661, 0.3967

Stoploss : 0.3310

$GRT @CRYPTO HYPER

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#XLM/USDT

Trade Type =LONG

Leverage : Cross 20-30 X

Entry : 0.1335

Target:  0.1377, 0.1390, 0.1403

Stoploss : 0.1230

$XLM @CRYPTO HYPER

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#XRP/USDT

Trade Type =LONG

Leverage : Cross 20-30 X

Entry :0.6172

Target: 0.6367, 0.6429, 0.6491

Stoploss : 0.5750

$XRP

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#ZIL/USDT

Trade Type =LONG

Leverage : Cross 20-30 X

Entry : 0.0348

Target:  0.0360, 0.0364, 0.0367

Stoploss : 0.0328

$ZIL

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ONT/USDT

Trade Type =LONG

Leverage : Cross 20-30 Z

Entry :0.3542

Target: 0.3665, 0.3702, 0.3736

Stoploss : 0.3298

$ONT

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NEAR/USDT

Trade Type =LONG

Leverage : Cross 20-30 X

Entry : 7.025

Target: 7.241, 7.312, 7.382

Stoploss : 6.475

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DASH/USDT

Trade Type =LONG

Leverage : Cross 20-30 X

Entry : 37.512

Target: 39.686, 39.062, 39.438

Stoploss : 34.800

$DASH

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👍🏻BAL/USDT

Trade Type =LONG

Leverage : Cross 20-30 X

Entry : 4.723

Target: 5.067, 5.147

Stoploss : 4.198

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#ZEN/USDT

Trade Type =LONG

Leverage : Cross 20-30 X

Entry : 12.723

Target: 13.101, 13.228, 13.356

Stoploss : 11.845

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#INJ/USDT

Trade Type =LONG

Leverage : Cross 20-39 X

Entry : 34.043

Target: 35.639, 35.912, 36.661

❌Stoploss : 30.100

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$INJ

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#TRX/USDT

Trade Type =LONG

Leverage : Cross 20-30 X

Entry : 0.1181

Target: 0.1217, 0.1229, 0.1240

Stoploss : 0.1098

$TRX

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#GRT/USDT

Trade Type =LONG

Leverage : Cross 20-30 X

Entry : 0.3397

Target: 0.3498, 0.3532, 0.3566

Stoploss : 0.3145

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#XLM/USDT

Trade Type =LONG

Leverage : Cross 10-20 X

Entry : 0.1288

Target: 0.1326, 0.1339, 0.1352

❌Stoploss : 0.1190

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#CRV/USDT

Trade Type =LONG

Leverage : Cross 20-30 X

Entry : 0.6293

Target: 0.6482, 0.6524, 0.6608

Stoploss : 0.5799

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#CHZ/USDT

Trade Type =LONG

Leverage : Cross20-30 X

Entry : 0.1431

Target: 0.1488, 0.1502

Stoploss : 0.1320

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