Bitcoin plunges to $60K šŸ“‰

The Bitcoin bloodbath continues as its price falls well below $61,000 per coinā€”just days before its halving event.

Author

Stacy Elliott
April 17, 2024

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šŸ“ What you need to know

Just days before the next Bitcoin halving, Bitcoin fell below $61,000. That means BTC has 12% of its value over the past week and is now 17% lower than the new all-time high of almost $74,000 it set in March. The sudden drop comes just days after more than $500 million worth of liquidations rocked the market late last week.

šŸ“° Top Stories

Bitcoin Price Plunges to Nearly $60,000 as Halving Nears

The Bitcoin bloodbath continues as its price falls well below $61,000 per coinā€”just days before its halving event.

BlackRock's IBIT ETF on Track to Flip GBTC After Bitcoin Halving: Bloomberg Analyst

BlackRock's Bitcoin ETF is poised to overtake GBTC by the end of the month, according to a Bloomberg Intelligence analyst.

Bitcoin Ordinals Explorer Ord.io Raises $2 Million, Embraces Runes Tokens

With the Bitcoin Runes protocol launch imminent, Ord.io secures $2 million in funding to expand its development team.

Bitcoin Staking Is Now Possible With Core Chain

You donā€™t need to wrap your Bitcoin anymore to stake it. Core Chain has just launched non-custodial BTC staking.

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