Posts

Showing posts with the label close

Here’s why you should closely watch these 3 cryptocurrencies

Image
The broader cryptocurrency market has shed the short-term gains experienced leading up to the Bitcoin (BTC) halving event. Following the completion of the bullish event, the markets have failed to react positively, with analysts attributing it to the post-halving retracement. Against this backdrop and prevailing market sentiment, Finbold has identified three cryptocurrencies worth watching in the coming week despite the predominantly red market. Bitcoin (BTC) One of the primary reasons for interest in Bitcoin is its recent halving event and how the price will evolve. Since the event, Bitcoin has experienced a correction, slipping below the $65,000 mark. Initial optimism revolved around Bitcoin’s potential to establish gains above $65,000. However, the post-halving correction has tempered these expectations and raised questions about the cryptocurrency’s short-term outlook. Picks for you Bitcoin halving racks up record $2.4 million fees as Runes Protocol laun...