The price of a Bitcoin has dropped to about $66,000 in the last 24 hours. That isn't really dramatic, and it is a smaller drop than a few weeks ago as Bitcoin dropped from ATH of 73,000 to about $63,000 in a short time.
But, it is a big question - how will the markets react to the upcoming Bitcoin halving. Have we seen a buy the rumor thing already, and now it is time to sell the news? Or is it simply too big demand for Bitcoin, meaning that we will not really see a sell the news thing, as there are too many whales and investors looking to get their hands on Bitcoin?
I am really curious to see how the markets will react as we approach the halving, but I do believe it might get volatile, in both directions.
Source: Bing Designer
Cryptocurrency of the day - CORE
Once again, CORE is the cryptocurrency with the biggest gains in the last 24 hours, just like two days ago. This layer-1 blockchain that is similar to Bitcoin in many ways, but EVM compatible might be a game changer... Another token that is doing fairly well is Ordinals (ORDI), so there is definitely interest for the Bitcoin clones and Bitcoin related cryptos, just like Bitcoin Cash has had some nice days with the Bitcoin Cash halving happening soon (tomorrow). Litecoin has also done great recently, and there has been some speculation whether a Litecoin ETF might come sometime in the future. Who knows?
Life is interesting!!