🚀🚀 Buckle up, BTC enthusiasts! We've had quite a rollercoaster ride this week! 🎢 Bitcoin's price dipped 4.2%, but that's not the whole story. We kicked off the week at a cool $64K, but things took a nosedive on April 30th, with BTC plummeting towards $60K, causing a bit of a frenzy among investors. 😱
But wait, there's more! On May 1st, BTC tumbled below $57K, coinciding with the first-ever day of outflows from the IBIT ETF, a Bitcoin ETF launched by BlackRock. But fear not, the market is bouncing back, with BTC soaring towards $62K today, marking gains of over 5% in the past 24 hours alone. 📈💪
In other news, Changpeng Zhao, the former CEO of Binance, has been sentenced to 4 months in jail for violating anti-money laundering regulations. Meanwhile, Bitcoin Jesus, aka Roger Ver, was arrested in Spain on accusations of tax evasion to the tune of a whopping $50 million. 🚨🚓
Despite the BTC halving, prices haven't skyrocketed as expected. However, some analysts suggest this aligns with historical price movements preceding a post-halving bull run. Will the market pick up? Only time will tell! One thing's for sure, next week promises to be just as thrilling! 🎉🎉
Market Cap: $2.4T | 24H Vol: $88B | BTC Dominance: 50.4%
BTC: $61,700 (-4.2%) | ETH: $3,056 (-2.2%) | BNB: $576 (-4.9%)
Stay tuned for more exciting crypto news! 🚀🌕