Bitcoin briefly dropped under support at $45,000 before recovering as it heads toward April, a seasonally bullish month that has chalked up gains for the asset in seven out of the past ten years. By shauryamalwa
Is Bitcoin Still In a Bull Market?
“No one knows for sure what's the explanation for the usual 'April's Bull,'” shared Asaf Naim, CEO of bitcoin development company Kirobo, in a Telegram message. “Some speculate that it's a psychological phenomenon tied to the beginning of spring.” Bitcoin traded as low as $44,200 on Thursday night after a two-month-high of $48,000 on Wednesday. Traders, however, bid up bitcoin to support at $45,000. Losing current levels over the weekend could see bitcoin drop to $43,400.The drop came amid recession fears as 5-year and 30-year US Treasury yield curves inverted for the first time since 2006 on Monday.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Leading NFT Marketplace Opensea to Add Solana Support in April – Bitcoin NewsThe largest non-fungible token (NFT) marketplace Opensea has plans to add Solana support in April, the firm explained in a recent tweet.
Lire la suite »
Rehabilitation to Kabba Wash Bridge on US 93 north of Wikieup to begin April 11
Lire la suite »
Mayor's Office to begin search for Seattle Police Chief in AprilMayor Bruce Harrell announced Thursday that a nationwide search for the next permanent Seattle Police Chief will officially start in April. FOX13
Lire la suite »
OpenSea set to integrate Solana in April, further expanding the NFT ecosystemMagic Eden is leading the space with a $41.05 million trading volume over the past 30-days, followed by Solanart and Solsea with $4.39 million and 656,830, respectively.
Lire la suite »
5 entertainment options at Southern California casinos in AprilChris Rock, Scotty McCreery and Chiquis Rivera are among the performers this April at Southern California casinos.
Lire la suite »
The best new things to watch on Netflix this AprilFind out what is new on Netflix UK this month, including the best series on Netflix UK, with our guide to what to watch on Netflix UK now.
Lire la suite »