Bitcoin

2024 - 4 - 14

Bitcoin Rollercoaster: From Tumbles to Soaring Values

Bitcoin - Cryptocurrency - Halving - Middle East Tensions

Discover the wild ride of Bitcoin, from crashing due to political tensions to the anticipation of reaching new all-time highs!

Bitcoin, along with other cryptocurrencies, recently experienced a turbulent period amidst escalating tensions in the Middle East. After a brief tumble in value, Bitcoin managed to rebound to trade above $64000 by Sunday morning, while coins like ether also saw significant selling, dropping by up to 10% in some cases. The market anticipation of the halving event, which is expected to lead Bitcoin to a new all-time high of $150000, has been a hot topic among investors and crypto enthusiasts.

The upcoming Bitcoin 'halving' is projected to significantly impact crypto miners, potentially costing them $10 billion per year in lost revenue. This event, set to take place around April 20, will cut the daily earnings of miners from 900 to 450 Bitcoin for validating transactions. Despite the potential financial impact on miners, analysts foresee a pre-crash bonanza for Bitcoin, drawing in renewed attention from investors as market dynamics shift.

Following political tensions in the Middle East, Bitcoin faced a sell-off after reports of Iran's attack on Israel. However, the cryptocurrency managed to recover from the steep losses, indicating potential volatility in the broader asset markets. The sudden drop in Bitcoin's value triggered debates among crypto advocates, with discussions revolving around the impact of geopolitical conflicts on the digital currency market.

Despite the recent fluctuations, Bitcoin and other cryptos have shown resilience by rebounding from the initial selloff post-Iran's military actions. As the market stabilizes after the heightened tensions, the crypto world remains on edge, evaluating the ongoing impact of global events on digital asset values. Cryptocurrencies, known for their volatility, continue to intrigue investors with their unpredictable yet potentially rewarding nature.

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Image courtesy of "CNBC"

Bitcoin and other cryptocurrencies tumble amid Middle East tensions (CNBC)

By Sunday morning it had rebounded to trade above $64000. Other coins like ether also saw heavy selling, down by up 10% in some cases.

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Image courtesy of "Yahoo Movies"

Could Bitcoin Really Gain Another $1 Trillion in Value After the ... (Yahoo Movies)

The much-anticipated halving event could send Bitcoin soaring to a new all-time high of $150000.

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Image courtesy of "Fortune"

Bitcoin 'halving' will cost crypto miners $10 billion a year in lost ... (Fortune)

Around April 20, the halving will cut the amount of Bitcoin that โ€œminersโ€ can earn each day for validating transactions to 450 from 900 now.

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Image courtesy of "newsbtc.com"

Bitcoin Bonanza Before The Halving? Analyst Sees Pre-Crash ... (newsbtc.com)

Bitcoin, the pioneer and flagbearer of the digital currency realm, has once again captured the attention of investors. Recent market dynamics have.

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Image courtesy of "DL News"

Bitcoin recovers some of steep losses after Iran strikes Israel (DL News)

Bitcoin rebounds a bit after plunging on reports of Iran missile strikes against Israel. Binance executive who escaped custody in Nigeria is found in Kenya.

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Image courtesy of "Yahoo Finance"

Bitcoin Rebounds From Slump Triggered by Iran's Attack on Israel (Yahoo Finance)

(Bloomberg) -- Bitcoin recovered from the steepest selloff in more than a year, an early indication of impending volatility across asset markets as ...

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Image courtesy of "Bitcoin News"

Crypto Advocates Weigh in on Bitcoin's Sudden Drop Amid Middle ... (Bitcoin News)

On April 13, Iran initiated a drone strike on Israel followed by reports that unmanned aerial vehicles (UAVs) were intercepted by Israeli, U.S., and other ...

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Image courtesy of "Cointelegraph"

Bitcoin nosedives as political tensions escalate in the Middle East (Cointelegraph)

Bitcoin price plummeted over 8.4% on April 13 after Iran launched an attack on Israel, escalating geopolitical conflicts in the Middle East.

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Image courtesy of "Investing Haven"

Bitcoin Sell-Off: A Reason To Sell or A Buying Opportunity ... (Investing Haven)

In overnight trading, crypto markets sold off. Bitcoin's sell-off was relatively mild, many altcoins experienced a stronger sell-off. On April 13th, 2024, the ...

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Image courtesy of "MarketWatch"

Bitcoin and other cryptos rebound, but remain lower after Iran ... (MarketWatch)

Cryptocurrencies were clawing back some territory on Sunday, the day after a selloff following Iran's missile and drone attack on Israel.

Bitcoin 'Halving' Will Deal a $10 Billion Blow to Crypto Miners (Bloomberg Law)

For enthusiasts of Bitcoin, a once-every-four-years software update called the โ€œhalvingโ€ has long been held as one of the keys to propping up its value.

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Image courtesy of "FXStreet"

Cryptocurrencies Price Prediction: Bitcoin, Solana & Celestia ... (FXStreet)

Bitcoin (BTC) price is dumping, and with it, most players in the cryptocurrency market arena.

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Image courtesy of "Cointelegraph"

Bitcoin miners could dump $5B in BTC after halving: 10x Research (Cointelegraph)

Bitcoin miners are likely to start selling their holdings after the halving resulting in more pain for altcoins and the crypto markets trading sideways for ...

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Image courtesy of "FX Empire"

Bitcoin (BTC) News Today: Investor Focus Shifts to Halving Amidst ... (FX Empire)

As the Bitcoin Halving nears, the Fear and Greed Index edges closer to Extreme Greed, potentially impacting BTC's market trajectory.

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Image courtesy of "Cointelegraph"

PAXG hit new high on Middle East tensions, raising questions about ... (Cointelegraph)

Tensions in the Middle East ramped up over the weekend following an Iranian drone and missile attack, which saw the price of PAX Gold and Bitcoin reacting ...

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Image courtesy of "Yahoo Finance"

Bitcoin, crypto market tumbles as Iran-Israel tensions escalate (Yahoo Finance)

Middle East conflict triggers a sharp decline in Bitcoin and other cryptocurrencies, with significant market liquidations.

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Image courtesy of "newsbtc.com"

Bitcoin Price Downside Thrust Over Or The Bears Are Not Done Yet? (newsbtc.com)

Bitcoin price started a major decline amid the Israel-Iran tensions. BTC declined toward $60500 and is currently attempting a recovery wave.

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Image courtesy of "Investing.com UK"

Bitcoin price today: recovers to $65k after Iran strike spurs weekend ... (Investing.com UK)

Investing.com-- Bitcoin price rose on Monday, recovering a measure of steep losses over the weekend as risk appetite was battered by an Iranian strike ...

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