#181 - "Bitcoin Nears Peak; Markets & Whales in Play"
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Bitcoin's value soared to $70,915 amid a growing correlation with the Nasdaq 100 and record levels of derivatives open interest, hinting at further upward trends. Despite high valuations and optimistic forecasts for the future, retail investor interest is declining, and Bitcoin miners are selling of
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The Bitcoin community is experiencing volatility and cautious speculation about the future of its market value amidst anticipation of Federal Reserve rate adjustments and influencers like former President Trump taking interest in the digital currency. Various acts of generosity using Bitcoin, such a
Published 06/26/24
Published 06/26/24
Bitcoin's value hit $61,947, with entities accumulating more ahead of the 2024 halving, anticipating a price rise. Some analysts suggest a downtrend to $54,000 before recovery, while others predict a drop to $50,000. Large inflows to major Bitcoin wallets indicate a bullish sentiment, contrasting wi
Published 06/25/24
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