Bitcoin (BTC) Surged Above $71,000 Before Halving: Here’s the Latest Situation in the Markets
April 8, 2024
0
Cryptocurrency markets started the new week on a dynamic note. Bitcoin (BTC) rose above the $71,000 level again after a few weeks of rest. This situation obviously also
Cryptocurrency markets started the new week on a dynamic note. Bitcoin (BTC) rose above the $71,000 level again after a few weeks of rest. This situation obviously also applies to altcoins. reflected positively. The pre-halving surge is starting to get investors excited.
on March 14 73 thousand dollars BTC rose above that and renewed its all-time high (ATH). BTC then made a sharp correction and fell to 61 thousand dollars. Usually last weekend horizontal The cryptocurrency is rising sharply as of today.
Will there be a new ATH before the halving?
*BTC price chart for one month. Source: TradingView
Bitcoin miners will experience a major event in the coming weeks. This incident has been talked about for a long timehalve“. With the start of the halving, miners’ income will decrease. Previous halvings have caused huge increases in BTC. Whether something similar will happen this time? we’ll see soon.
The 10 crypto assets with the largest volume are all green
Looking at the Coinmarketcap data, we see the 10 largest crypto assets by volume. in everything We see that there is an increase. In this context; Ethereum (ETH) $3,590, Binance Coin (BNB) $592, Solana (SOL) $183Ripple (XRP) is trading at $0.6, Dogecoin (DOGE) is trading at $0.20, Cardano (ADA) is trading at $0.6 and Toncoin (TON) is trading at $5.72.
So, what do you think of the overall prospects of the cryptocurrency markets? Can BTC Make a New ATH Before the Halving? Don’t forget to share your ideas with us.
Follow Webtekno on Threads and don’t miss the news
Jason Root is a blockchain enthusiast and author at Div Bracket. He provides comprehensive coverage of the latest developments in the world of blockchain, offering readers a unique perspective on the industry and its potential for revolutionizing various industries.