Bitcoin’s sudden price correction wipes out over $666 million from long traders in 24 hours
Market observers explained that the major Bitcoin price correction was caused by inflation fears.
Track crypto price watch updates, sharp market moves, key levels, and fast reactions to breaking developments across digital assets.
Richard Heart extensively criticized Ethereum's network high gas fees, urging HEX holders to migrate to PulseChain.
Bitcoin's rapid price gowth to a new all-time high has put all its holders in a profitable position.
Wood stated that ARK Invest now considers the previous bull-case target of $1 million by 2030 too conservative.
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.
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.