How low will bitcoin go

Bitcoin’s Price History

The US Securities and Exchange Commission (SEC) is widely expected to approve a spot bitcoin ETF in January. That could be a watershed moment for the controversial cryptocurrency Bitcoin comes big Crypto Update | What's Behind Bitcoin's Weekend Rally? With Victoria Bills

Will btc crash

If Mobius's $10,000 call materializes, it will add to a miserable few months for the cryptocurrency market which has seen more than $1.3 trillion wiped off of its value this year. Facebook ends cryptocurrency ad ban Bitcoin Cash is a hard fork of Bitcoin. The coin split from the original protocol back in 2017 amid rising concerns about scalability, slow transaction speed, and high fees. Additionally, there was a conflict in the Bitcoin community surrounding the true purpose of the coin, which Satoshi Nakamoto outlined as being a truly decentralized peer-to-peer digital payment method. Many participants felt like the original Bitcoin did not represent those values anymore.

1. Traders Cashing In: The Profit-Taking Wave

Would-be Bitcoin ETF issuers have been given until Monday morning in Washington to submit any last-minute revisions to their pending applications, Bloomberg News has reported. The US Securities and Exchange Commission itself has until Jan. 10 to take action on at least one of those applications, and crypto insiders have speculated the regulator will use that date to announce a slew of decisions at once. The boldest bitcoin calls for 2023 are out — and a 1,400% rally or a 70% plunge may be on the cards © A next-generation media company. 2024 Decrypt Media, Inc.

Is btc going to crash

Fourteen months after El Salvador became the first nation to adopt bitcoin as a legal tender, the bankruptcy of cryptocurrency exchange FTX and resulting crash in prices of other cryptocurrencies have pushed the country's leaders to announce the signing of a free trade deal with China.  Technical Analysis “I applaud New York State Attorney General Letitia James for the timely introduction of this legislation to protect New Yorkers from financial harm by establishing a comprehensive regulatory framework for the opaque cryptocurrency market,” said State Senator Kevin Parker. “In the wake of the FTX collapse that tanked the price of Bitcoin to the lowest in years and cost investors over 8 billion, some of whom were New York depositors from Black and brown communities, the cryptocurrency industry must be held to the same macroprudential financial regulations as our traditional financial institutions to ensure accountability and market stability.”