Donald Trump talked about cryptocurrencies, Bitcoin reached US$70,000 but then deflated. $BTC Bitcoin, after rising more than 2.4% to around US$70,000, deflated and is trading at US$67,500. Meanwhile, Ethereum advances 2.9% to US$3,300. The rest of the altcoins are also trading with gains .$ETH
Whale accumulations of#Pepecoins have once again taken the cryptocurrency space by storm. Even though the frog-themed meme token is already on a bull run, a whale has accumulated even more massive amounts of PEPE, sparking feelings of more price gains in the making.
Surprisingly, PEPE has already defied broader market expectations, reaching unprecedented levels in recent days. This unpredictability has sparked thoughts about a possible due correction looming for the meme coin. However, the massive accumulation of PEPE, in turn, has sparked contrasting sentiments in the market. #MemeWatch2024 #pepecoin🐸 $PEPE
Positive sentiment surrounding the Bitcoin halving has historically been associated with price fluctuations, as some investors anticipate a rally after the halving.
Although historical patterns suggest that Bitcoin prices often increase after halving events, you should note that this trend is not guaranteed and Binance does not predict future price movements. Price trends will depend on the circumstances surrounding the 2024 Bitcoin halving event, including continued adoption and other factors influencing demand. $BTC
#Bitcoin #hallving #bajista A blow of volatility shook Bitcoin (BTC) which, while yesterday it exceeded US$66,000, today it shrank to the US$63,000 mark. Specifically, the oldest and most popular cryptocurrency on the market registered a 4.6% price drop in the last 24 hours. Investors hope that the situation will turn 180 degrees with the approach of the halving.