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This year’s halving — the quadrennial slashing of the amount of new bitcoin (BTC) entering into circulation — may be the most important since the first one around 12 years ago. And yet, despite intense interest in the event, its price impact may be more muted this year than previous halvings. Recently launched protocols, like Ordinals, and an increasingly robust mining sector, mean the effect could be relatively soft.#bitcoinhalving
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Robert Kiyosaki expressed his stance on potentially investing more in Bitcoin if its price plummets to $200, as economist Harry Dent has forecasted. Cryptoquant data reveals that Bitcoin miners are selling off their holdings in anticipation of the network’s upcoming halving event, which is expected to impact their rewards. JPMorgan has speculated that the SEC may approve spot Ethereum ETFs, although it foresees possible legal challenges if the applications are denied. The Solana network is experiencing significant congestion, leading to a 70% transaction failure rate.#bitcoinhalving #BullorBear
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Bitcoin price plummeted over 8.4% on April 13 after Iran launched an attack on Israel, escalating geopolitical conflicts in the Middle East. The price of Bitcoin BTC  $64,538 dropped from around $67,000 to $61,625, wiping out over $130 million in market capitalization within minutes following news of the attack. The sell-off is also affecting other cryptocurrencies. At the time of writing, Ether was down 9.81% to $2,927, while Solana’s SOL  $143 sank 15.96% to $129. According to CoinMarketCap data, the global crypto market capitalization declined 8.19% to $2.23 trillion.
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The bitcoin price has dropped toward $60,000 per bitcoin, down from over $70,000 per bitcoin earlier this week, after the Iranian Revolutionary Guard said it launched “dozens of drones and missiles” at Israeli territory. The bitcoin price crash dragged down the wider crypto market, hitting top ten coins ethereum, BNBBNB 0.0%, XRPXRP 0.0%, solana and dogecoin and wiping $500 billion from the combined crypto market. crypto news#FollowToWin
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Bitcoin recovered from the steepest selloff in more than a year, an early indication of impending volatility across asset markets as investors digest the prospects of a military escalation in the Middle East. The largest cryptocurrency advanced 3.9% to $64,40 as of 8:50 a.m. in London on Sunday after jumping as much as 8.3% earlier. Smaller coins like Polkadot and Uniswap rallied more than 10%. bit$BTC following new ews
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