Is the price of Bitcoin ready to reach the $65,000 level?
that the price of Bitcoin, the flagship cryptocurrency, could reach the much-coveted $75,000 level by the end of the week. Bitcoin has already experienced an 18% correction, plunging below the $61,000 level last week. Since then, the cryptocurrency managed to pare these losses and reclaim the peak of the previous bull run.
As reported by U.Today, Bitcoin lost some ground together with the broader cryptocurrency market after Coinbase, the largest US exchange, failed to dismiss a lawsuit filed by the U.S. Securities and Exchange Commission. Now, the lawsuit is moving to the discovery phase. shows that roughly $239 million worth of crypto has been liquidated over the past 24 hours. Long positions account for the lion's share of the sum .
As noted by blockchain analytics firm Glassnode, the flagship cryptocurrency had reached"a statistically significant level" when it comes to Unrealized profit held within its supply. Vitalik Buterin Makes Unexpected SHIB Post, Shiba Inu Lead Kusama Replies; Ripple CTO Says It's 'Nearly Impossible' to Avoid Selling XRP: Crypto News Digest by U.Today
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