Bitcoin price has tested $60,364 to $62,412 range, a crucial support zone, one too many times.
and hype about BTC halving remains down amid enhanced market risk linked to geopolitical tensions. Bernstein report says ETF inflows will resume and Bitcoin bull market will continue after BTC halving. Bitcoin price is showing weakness despite the halving event being only three days out. The dismal BTC price action comes amid elevated risk levels in the market, causing traders to flee to the more traditional assets for safety.
Bitcoin ETF inflows will resume and Bitcoin bull market will continue after the halving - Bernstein research note to clients — Bitcoin Archive April 17, 2024 Bernstein researchers anticipate around 7% of the network hash rate to shut down after the halving ascribed to less efficient mining operations becoming unprofitable. The reduction will be because of strong price action due to ETFs increasing revenues.
SEO Cryptocurrencies Technical Analysis ETF
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Utoday_en - 🏆 295. / 63 Read more »
Source: Crypto_Potato - 🏆 568. / 51 Read more »
Source: Crypto_Potato - 🏆 568. / 51 Read more »
Bitcoin taps $67.5K as 2% BTC price gains accompany US jobless claimsBitcoin bulls attempt to push past $67,500 in a fresh BTC price rebound.
Source: Cointelegraph - 🏆 562. / 51 Read more »
Bitcoin suddenly erases April dip as BTC price jumps 5% above $69KBitcoin cancels its April BTC price dip as bulls add $4,000 in a matter of hours.
Source: Cointelegraph - 🏆 562. / 51 Read more »
Bitcoin bulls nudge at $70K as BTC price sees 'not typical' weekendBitcoin zeroes in on the weekly close with unusual weekend strength as BTC price support hinges on $69,000 holding.
Source: Cointelegraph - 🏆 562. / 51 Read more »