_bitcoin-price-dips-below-3660000-before-rebounding-as-volatility-persists-ahead-of-halving-event.jpg "Bitcoin Price Dips Below $60,000 Before Rebounding as Volatility Persists Ahead of Halving Event from f 16 price tag Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:45
👁 View: 810K times
✓ Published: 20-Apr-2024
👁 View: 810K times
✓ Published: 20-Apr-2024
Description:
Bitcoin price dropped below $60,000 late on Thursday before rebounding above $64,000 on Friday morning in volatile trading ahead of an upcoming halving event. Some analysts believe bitcoin miners have been selling their holdings to shore up their balance sheets before the halving, which could reduce the profitability of some mining operations. Geopolitical tensions like attacks between Israel and Iran last weekend also impacted cryptocurrency prices recently. Investment flows into bitcoin exchange-traded funds, which launched in the US last year, have also supported the cryptocurrency's price gains.
Bitcoin price dropped below $60,000 late on Thursday before rebounding above $64,000 on Friday morning in volatile trading ahead of an upcoming halving event. Some analysts believe bitcoin miners have been selling their holdings to shore up their balance sheets before the halving, which could reduce the profitability of some mining operations. Geopolitical tensions like attacks between Israel and Iran last weekend also impacted cryptocurrency prices recently. Investment flows into bitcoin exchange-traded funds, which launched in the US last year, have also supported the cryptocurrency's price gains.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_39should-have-sold-our-entire-36tsla-position39-says-fund-manager-following-ev-giant39s-coordinated-global-price-cuts-ov.webp "Black said he cut his Tesla earnings estimate and price target to reflect the weekend EV price cuts in the U.S. and China.<br/><br/>The analyst estimates a revenue impact of $2.7 billion per year and 60 cents per share in earnings from price cuts across the world.")
_london-house-prices-down-five-per-cent-but-one-borough-has-bucked-the-trend.webp "London house prices fell 4.8 per cent between February 2024 and 2023.Within London’s many property micro-markets there were some interesting trends, with some boroughs even seeing an increase in house prices.But the trendy east London borough of Hackney has bucked the trend with a rise in house prices of 1.3 per cent, the strongest growth in across the entire capital, adding £6,700 to house prices on average.The average house price is now £589,517 in the popular London borough.")
_kesha-changed-her-92.webp "Coachella saw no shortage of surprises, celebrity appearance, and special moments over its star-studded first weekend. Kesha hit up the festival for a cameo during Reneé Rapp's set")
_mala-kristal-at-malamig-na-tubig-sa-lusuac-springs-patok-ngayong-tag-init-124-ub.webp "Unang Balita is the news segment of GMA Network's daily morning program, Unang Hirit. It's anchored by Arnold Clavio, Susan Enriquez, Ivan Mayrina, and Mariz Umali, and airs on GMA-7 Mondays to Fridays at 5:30 AM (PHL Time). For more videos from Unang Balita, visit http://www.gmanetwork.com/unangbalita.<br/><br/>#GMAIntegratedNews #KapusoStream<br/><br/>Breaking news and stories from the Philippines and abroad:<br/>GMA Integrated News Portal: http://www.gmanews.tv<br/>Facebook: http://www.facebook.com/gmanews<br/>TikTok: https://www.tiktok.com/@gmanews<br/>Twitter: http://www.twitter.com/gmanews<br/>Instagram: http://www.instagram.com/gmanews<br/><br/>GMA Network Kapuso programs on GMA Pinoy TV: https://gmapinoytv.com/subscribe")
_tesla-slashes-prices-on-model-y-model-x-and-model-s-vehicles-in-the-us-by-362000-each.webp "Tesla cut the prices of its Model Y, Model X, and Model S vehicles in the US by $2,000 each. Tesla also ended referral program benefits in all markets after April 30th, which previously provided buyers with extra incentives. Tesla laid off over 10% of its global workforce in recent job cuts, according to an internal memo. The automaker previously canceled plans for a $25,000 inexpensive car that investors were counting on for mass market growth. Tesla's vehicle deliveries declined in the first quarter, the first drop in nearly 4 years, as price cuts failed to boost demand.")
⏲ 0:39 👁 170K
_saksi-part-1-natagpuang-patay-sa-condo-rabies-vaccines-oil-price-adjustment.webp "Saksi is GMA Network's late-night newscast hosted by Arnold Clavio and Pia Arcangel. It airs Mondays to Fridays at 11:00 PM (PHL Time) on GMA-7. For more videos from Saksi, visit http://www.gmanews.tv/saksi.<br/><br/>News updates on COVID-19 (coronavirus disease 2019) and the COVID-19 vaccine: https://www.gmanetwork.com/news/covid-19/<br/><br/>#Nakatutok24Oras<br/><br/>Breaking news and stories from the Philippines and abroad:<br/>GMA News and Public Affairs Portal: http://www.gmanews.tv<br/>Facebook: http://www.facebook.com/gmanews<br/><br/>Twitter: http://www.twitter.com/gmanews<br/>Instagram: http://www.instagram.com/gmanews<br/><br/>GMA Network Kapuso programs on GMA Pinoy TV: https://gmapinoytv.com/subscribe<br/><br/><br/>")
_scott-briggs-talks-milk-prices-124-april-17-2024-124-stock-amp-land.webp "Bridgecape Commodities managing director Scott Briggs discusses milk prices in 2024. Video by Andrew Miller.")
_bitcoin-network-completes-fourth-halving-here39s-what-analysts-are-saying-about-future-btc-prices.webp "The Bitcoin network completed its fourth \")
⏲ 0:47 👁 100K
_39should-have-sold-our-entire-36tsla-position39-says-fund-manager-following-ev-giant39s-coordinated-global-price-cuts-ov.jpg)
_london-house-prices-down-five-per-cent-but-one-borough-has-bucked-the-trend.jpg)
_kesha-changed-her-92.jpg)
_mala-kristal-at-malamig-na-tubig-sa-lusuac-springs-patok-ngayong-tag-init-124-ub.jpg)
_tesla-slashes-prices-on-model-y-model-x-and-model-s-vehicles-in-the-us-by-362000-each.jpg)
_saksi-part-1-natagpuang-patay-sa-condo-rabies-vaccines-oil-price-adjustment.jpg)
_scott-briggs-talks-milk-prices-124-april-17-2024-124-stock-amp-land.jpg)
_bitcoin-network-completes-fourth-halving-here39s-what-analysts-are-saying-about-future-btc-prices.jpg)
![[+]](/images/menu.gif){kind=small}