BTC reached a new peak of $70,000 but faced volatility, with expectations of further growth due to the upcoming halving event . Shiba Inu (SHIB) experienced a 240% price surge, highlighting the meme coin sector’s rapid growth but also its volatility. BTC initially reached an all-time high of over $69,000 on March 5 but later experienced a significant drop. However, it returned to green territory in the following days, hovering at $67K-$68K.
Over the weekend, BTC reached an unprecedented peak of $70,000 before retracing to its current level of almost $69,000. The volatility has affected over-leveraged traders, but many experts believe that BTC's performance will continue to be strong and may reach new heights. The upcoming halving event, which occurs every four years, is expected to further reduce the rate of BTC mining and contribute to its anti-inflationary program
BTC Peak Volatility Growth Halving Event Shiba Inu Meme Coin Rapid Growth Anti-Inflationary Program
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