bitcoin
Bitcoin (BTC) $ 95,643.63
ethereum
Ethereum (ETH) $ 3,329.07
tether
Tether (USDT) $ 0.999539
bnb
BNB (BNB) $ 657.80
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 2.24
binance-usd
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dogecoin
Dogecoin (DOGE) $ 0.316781
cardano
Cardano (ADA) $ 0.895556
solana
Solana (SOL) $ 182.77
matic-network
Polygon (MATIC) $ 0.480079
polkadot
Polkadot (DOT) $ 6.98
tron
TRON (TRX) $ 0.246995
bitcoin
Bitcoin (BTC) $ 95,643.63
ethereum
Ethereum (ETH) $ 3,329.07
tether
Tether (USDT) $ 0.999539
bnb
BNB (BNB) $ 657.80
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 2.24
binance-usd
BUSD (BUSD) $ 0.979924
dogecoin
Dogecoin (DOGE) $ 0.316781
cardano
Cardano (ADA) $ 0.895556
solana
Solana (SOL) $ 182.77
matic-network
Polygon (MATIC) $ 0.480079
polkadot
Polkadot (DOT) $ 6.98
tron
TRON (TRX) $ 0.246995
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    Bitcoin on the rise with potential SEC approval of ETF

    Latest News

    ‘s worth surged previous the $34k mark final week, pushed by expectations of the U.S. Securities and Alternate Fee’s (SEC) approval of a Bitcoin exchange-traded fund (ETF). Analyst Michaël van de Poppe predicts that Bitcoin will face resistance on the $38k stage, however anticipates a rally to between $45k and $50k in anticipation of the halving occasion scheduled for April 2024.

    The halving occasion, which is a characteristic of Bitcoin’s design that reduces mining rewards by roughly each 4 years, tends to drive up Bitcoin’s value resulting from supply-demand dynamics. Following this occasion, van de Poppe expects a interval of consolidation earlier than new all-time highs are reached.

    In the meantime, TradingShot, one other market analyst, paints an much more bullish image of Bitcoin’s future. They predict a 310% value progress that might doubtlessly catapult Bitcoin to hit the $100k mark by October 2024. Each forecasts hinge on the upcoming SEC choice concerning the Bitcoin ETF, which if accepted, may considerably enhance institutional funding within the cryptocurrency market.

    This text was generated with the assist of AI and reviewed by an editor. For extra data see our T&C.

    See also  Thousands and thousands of XRP Despatched to Bitstamp in Wake of XRP Worth Surge

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