Global #Bitcoin

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."

In the last 24 hours, the price of PEPE has increased by 1%, edging closer to $0.000005576 on a day when the cryptocurrency market has gained 4%.

The value of many assets has been significantly impacted by Iran's retaliatory attack against Israel on Saturday, April 13. This is because it has raised the risk for some vital supply routes, like the Hormuz Strait, and stoked concerns that the ongoing conflict in the region may spread to other countries.

The well-known cryptocurrency tracker Whale Alert announces the discovery of a second whale that, having lain dormant since Satoshi Nakamoto's time, has awoken bearing millions of US dollars' worth of Bitcoin.