Bitcoin sees violent volatility after hitting new ATH second time in a week
Bitcoin set a new all-time high for the second time this week after US unemployment data increased expectations of rate cuts in the coming months.
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Bitcoin set a new all-time high for the second time this week after US unemployment data increased expectations of rate cuts in the coming months.
Assad Jafri 3 min read
Quigley clarified that his analysis is not a prediction but a possibility based on historical patterns and current market conditions.
Bitcoin has given up most of the gains accumulated since the start of the week.
Bitcoin's bullish trend bolstered by institutional demand and shifting investment patterns.
On-chain data shows the stability is a result of strong investor confidence, evidenced by over 1 million addresses accumulating over 671,000 BTC.
Bitcoin is up 20% in the past 3 days and is less than 1.94% away from its highest ever monthly with under 36 hours remaining.
The Pepe and wider memecoin rally was driven by market momentum from Bitcoin's climb to $57,000 on Feb. 26.
Grayscale said the Dencun upgrade would be pivotal towards future growth of the Ethereum blockchain.
Arweave AO aims to enhance blockchain scalability by modularizing its architecture, enabling high transaction volumes and parallel processing.