In the fast-paced realm of cryptocurrencies, Bitcoin has been at the forefront of attention, with its price attempting to stabilize around the $63,000 mark. However, recent developments have left both investors and analysts on edge as the digital currency faces a series of challenges and opportunities.
As of April 30, Bitcoin’s price saw fluctuations, teetering between highs and lows, with a recent surge to $64,714 on Bitstamp following the launch of new spot Bitcoin exchange-traded funds (ETFs) in Hong Kong.·
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