Bitcoin (BTC) reaching $50,000, its last level of 2021, was enough to send waves of excitement throughout the cryptocurrency community. Enthusiasm reached near-frenzy as investors called this the start of a ‘bull market’. that much Bitcoin The halving is another event expected to bring strength, with investors expecting BTC to rise to $70,000 before April.
At the same time, altcoins are also in the spotlight and soaring. Bitcoin. Their massive upside potential means investors are constantly looking for promising tokens. decision (ARB) and QUBE It ranked #1 on the list. Best Cryptocurrency to Invest in.
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Bitcoin (BTC): $70,000 before halving?
Bitcoin (BTC) finally hit $50,000 earlier this week, a level last seen in 2021 during the last bull market. So it’s no surprise that investors are calling this the beginning of a bull market. Ultimately, we may be seeing the final days of a long bear market.
The launch of a spot Bitcoin ETF is one of the key factors responsible for the current BTC rally. On January 10, the US SEC finally gave approval for this investment vehicle, ending a decade-long wait. These developments created institutional demand for BTC, resulting in a surge in its price.
Meanwhile, the BTC halving, which occurs every four years, is another bullish event. This coincides with a surge in BTC price as a reward for miners halving, which investors and analysts are speculating: Bitcoin Reach $70,000 before the event. Well, considering the current market situation, Bitcoin We will probably reach this number. Best Cryptocurrencies to Buy Now.
Arbitrage (ARB): Huge Profit Potential
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Investment sentiment rises after BTC ETF decision Collect steam. The excitement surrounding a rally is enough to rival the enthusiasm for the upcoming rally. worm-hole The airdrop, one of the largest of 2024, has holders excited.
Because there is a possibility that it will rise further in the future, investors are decision, aims to ride the massive bullish wave. This makes it one of: Best altcoin and Good cryptocurrency to buy.
conclusion
The cryptocurrency industry is in an uproar over the recently concluded case. performance Airdrops and the upcoming Wormhole airdrop — snapshot Number of eligible wallets already acquired. Bitcoin halving remains the biggest event of the year. Expectations of the halving will likely push the BTC price up to $70,000.
Meanwhile, investors have been positioning themselves to ride the altcoin wave. decision InQubeta is our top pick. To participate in the QUBE presale, click the link below.
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