Bitcoin's Risk-Reward Ratio Attractive, but HODLers Must Be Patient

Send Timeļ¼š2024-04-19 11:49:18

The price of Bitcoin surged by over 22% on Friday, with liquidations reaching an unprecedented $1 trillion. The sudden increase in value can be attribThe cryptocurrency market has shown resilience in recent days, despite regulatory uncertainty and a decline in investor sentiment. The CFTC has filedFTX, a popular cryptocurrency exchange, has announced its expansion into Ontario, Canada. The exchange has received approval from the Ontario SecuritiThe European Central Bank (ECB) has exited its negative interest rate era, signaling a potential shift in monetary policy and a possible normalizationIn a recent tweet, Zhu Su, co-founder of the hedge fund Three Arrows Capital, predicted that Ethereum transaction fees will reach 100,000 ETH soon. SuAfter a strong upside momentum in 2018, Bitcoin's price has broken through $36,000 and is now facing a potential decline. The cryptocurrency has beenThe DeFi market has experienced a tumultuous week, with significant losses across the board. According to DeFi Pulse, the total value locked (TVL) in

The crypto markets experienced a significant sell-off on Monday, with the price of Bitcoin (BTC) plummeting to its lowest level in over a month. The dThe founder of Morgan Creek Digital, Mark Yusko, has predicted that the next Bitcoin halving in 2024 will cause the price of Bitcoin to reach $300,000MicroStrategy's bitcoin holdings have rallied in recent months, with the company's shares up 7% in the past quarter. This increase is being driven byRipple's XRP token has seen a significant surge in the past 24 hours, rising 33% to reach a new all-time high of $1,000. This comes as Bitcoin and EthBitcoin exchange-traded funds (ETFs) have seen record inflows in recent days, with investors pouring money into the funds in anticipation of a price rEthereum (ETH) has been on a tear recently, with its price surging over 22% in the past day alone. This impressive gain has pushed the cryptocurrency'The cryptocurrency market has seen a rotation into DeFi tokens this week, with Bitcoin and Ethereum struggling to keep up. The DeFi token Aave (AAVE)