Bitcoin resilient above $64,000 as halving nears, defies broader market downturn

2024-4-20 21:25

Quick Take

As the highly anticipated Bitcoin halving approaches, with less than 50 blocks remaining, the world’s largest digital asset is showcasing its resilience.

Despite the broader market downturn, with US equities in the red and the Nasdaq down over 1%, Bitcoin has managed to hold its ground above the $64,000 mark.

BTCUSD, Nasdaq, SPX, MARA: (Source: TradingView)

The Magnificent Seven tech stocks — which include giants like Apple, META, Nvidia, and Amazon — are all experiencing significant losses. However, Bitcoin mining stocks are defying the trend, with Marathon Digital Holdings surging over 8%.

Magnificent 7 tech stocks: (Source: TradingView)

Interestingly, traditional safe-haven assets such as gold and silver are also witnessing gains amidst the market uncertainty.

The post Bitcoin resilient above $64,000 as halving nears, defies broader market downturn appeared first on CryptoSlate.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 96691.67 (-0.16%)
Объем 24H $40.399b
Изменеия 24h: -0.85 %, 7d: -6.03 %
Cегодня L: $96041.94 - H: $97458.26
Капитализация $1914.458b Rank 1
Цена в час новости $ 64016.85 (51.04%)

bitcoin market downturn broader halving above red

Источник: cryptoslate.com

bitcoin market → Результатов: 126


Bitcoin ‘Final Cycle Pump’ Puts Price As High As $200,000

Bitcoin (BTC) could be gearing up its last explosive rally of a four-year market cycle, which traditionally kicks off at the beginning of a halving event and culminates just before the next one. A crypto analyst has boldly predicted that the price of Bitcoin could surge to $200,000 and above, marking new All-Time Highs (ATHs) and the peak of the long-awaited bull market.

2024-9-23 03:01


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Bitcoin recovers $100k price level as expectations of Fed rate cut rise

Bitcoin (BTC) briefly surpassed the $101,000 threshold after a 3% surge in the hours following November’s Consumer Price Index (CPI) numbers, which came within the 2.7% expectations. The rally has fueled investor confidence, with a 98% probability now assigned to a 25 basis point rate cut by the Federal Reserve next week, potentially bringing the US […] The post Bitcoin recovers $100k price level as expectations of Fed rate cut rise appeared first on CryptoSlate.