Global #Bitcoin

Recent days have witnessed a spike in turbulence in the always changing cryptocurrency market, making it difficult for popular altcoins like Bitcoin to stay stable. Among them, MATIC, the native token of Polygon, has fallen by almost 2% in the last day alone, demonstrating that it is not immune to the negative impact.

In the Bitcoin ETF market, BlackRock's IBIT ETF has become a popular option and has attracted a lot of interest from institutional investors. Only about 30 fund managers own 0.2% of the company's shares, notwithstanding their investments.

Charles Hoskinson, the CEO and co-founder of IOG, went into great detail regarding the implications and reality of regulating cryptocurrencies in a video update on April 16.

The price of XRP is having difficulty rising above the $0.5140 barrier. In order to try a new climb in the near future, the price needs to remain above the $0.4550 support.

Bitcoin (BTC) is currently trading marginally above $64,000, having challenged it throughout the most of the morning's trading in Asia.

Bitcoin's price has dropped in anticipation of its April 20 halving and the Fed's anticipated rate-cut pause in May as the US dollar gains momentum.

Santiment data shows that in just two days, the trading volume of XRP was halved. XRP had a $4.87 billion volume on April 14. However, the figure had dropped to $2.43 billion as of this writing.

The closing days of the Mollars ICO are drawing nigh. The first coin offering will expire in less than thirty days [one month]. The token presale has been incredibly successful in this final phase, as evidenced by the fact that 61% of the ICO token supply has already been sold out.

The CEO of Crypto.com predicted that half of Bitcoin will be a buy-the-rumor, sell-the-news kind of occurrence. Price volatility may result in the short term, but overall benefits would accrue over time.

With Bitcoin regaining its position above $65,000 and the cryptocurrency market emerging from a period of geopolitical instability, attention is now turning to the possible effects of soon-to-be-released Bitcoin ETFs in Hong Kong.

Head of Research David Lawant of FalconX, a premier digital asset brokerage that provides trading, financing, and custody for top financial institutions, recently provided an analysis on X (previously Twitter) about how the dynamics of the market are changing as a result of Bitcoin halvings.

With the crypto market downturn continuing and digital assets continuing to dump, the bull market exuberance seems to have abruptly stopped. The well-known market expert "Cold Blooded Shiller" said on X on April 16 to his 269,000 followers that Bitcoin is "still the cloud that hangs over crypto."