Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»ADOPTION NEWS»Bitcoin remains below $70,000 as sideways price action continues.
ADOPTION NEWS

Bitcoin remains below $70,000 as sideways price action continues.

By Crypto FlexsApril 1, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Bitcoin remains below ,000 as sideways price action continues.
Share
Facebook Twitter LinkedIn Pinterest Email

Bitcoin was trading below $70,000 on Monday as the world’s largest cryptocurrency continued to fluctuate around this level over the past few days.

Bitcoin prices have fallen about 0.7% over the past 24 hours, trading at $69,700 around 3:15 a.m. ET, according to The Block’s price page. Ethereum was trading down 1.8% at $3,550.

“Prices are currently moving sideways with no clear catalyst that could push prices up or down,” Justin d’Anethan, head of APAC business development at cryptocurrency marketplace maker Keyrock, told The Block. “Having a range between $69,000 and $71,000 over the past four days, it seems investors are reluctant to break the all-time high, but any selling seems to be met by healthy demand,” he said.

Lucy Hu, senior analyst at Metalpha, said the price decline appeared to be part of a normal correction and “this time there is no clear cause for the minor fluctuations.”

bitcoin halving

with bitcoin halving Events expected to occur later this month may have some impact on price movements.

“Beyond simply macro factors, a key cryptocurrency-based catalyst is the Bitcoin halving scheduled for later this month. Interestingly, halvings have historically signaled the start of a long-lasting uptrend, whereas they have historically seen a few days of decline,” d’Anethan said.

“It’s tricky to predict because the bull market has already been going on for the past six months (or a year, depending on who you ask),” D’Anethan added.

d’Anethan continued, “The catalyst was the anticipation and realization of a Bitcoin spot ETF on the US stock exchanges, which opened the floodgates for investors who were not yet active to now have exposure to BTC.” continued to say.

Metalpha’s Hu added that given past history, “the market could experience significant volatility as we approach the halving, with strong price corrections during and after the halving event.”


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025

Gala Games improves leader board rewards and introduces preference systems.

June 20, 2025

Ether Leeum Whale starts a $ 11 million leverage betting in the 30% increase in ETH prices.

June 12, 2025
Add A Comment

Comments are closed.

Recent Posts

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025

No Altcoin Season 2025 ? Why Bitcoin Dominance Is Holding Strong In The Crypto Market

June 28, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

Bybit Expands Global Reach With Credit Card Crypto Purchases In 25+ Currencies And Cashback Rewards

June 27, 2025

BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision And South Korea Strategy

June 27, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025
Most Popular

Can Pepe surpass Shiba Inu as the most popular meme coin? Or could the upcoming pre-sale take the lead?

May 16, 2024

Ripple CTO explains how XRP holders can earn passive income through AMM functionality

January 26, 2024

Bitget Wallet supports Avalanche token quotation to facilitate on-chain swaps.

January 13, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.