Bitcoin slips below $71,000
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U.S. Treasury secretary Scott Bessent has helped stoke predictions the stablecoin market could top trading volumes of $1.5 quadrillion by
This is approximately $2.1 billion in investments, and it is a strong indication of increased buying interest. Data from Santiment shows that wallets holding between 1,000 and 10,000 added the most, with 20,000 BTC bought just yesterday.
Bitcoin, the largest cryptocurrency rose to $74,901, the highest since March 17, before paring some of those gains. Smaller tokens like Ether also saw gains of 5%.
Bitcoin dropped below $71,000 after US-Iran peace talks collapsed in Islamabad and Trump ordered a Strait of Hormuz blockade. Analysts warn of a drop to $60,000.
On Saturday, Anthony Scaramucci used a post on X to describe the whiplash of holding Bitcoin through a run-up to $126,000 and a drop to $72,000, arguing the coin itself is unchanged even as emotions swing with the quote.
Since its inception, bitcoin BTC $68,571.91 has been like a daredevil climber scaling new heights, rarely looking back at the ledges it left behind. Its price seldom retraced to previous bull-market peaks, even during long, grueling bear markets.
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John Edwards is a licensed attorney with experience in commodities and investments. He provides performance analysis of hedge funds and investors. Investopedia / Madelyn Goodnight Among all asset classes, Bitcoin has had one of the more volatile trading ...
The Islamabad peace talks between the U.S. and Iran broke down on April 12 after 21 hours of negotiations, with both sides blaming each other for the failure. It was the first face-to-face meeting between the two countries since 1979,
Bitcoin price surged over 5% to near $75,000 after days of range-bound trading. Bitcoin price surged more than 5% in the evening of April 13, climbing near the $75,000 level and marking its strongest intraday move in a couple weeks as traders reacted to a mix of macro pressure and technical positioning.