Bitcoin pullback mirrors 2020 reversal 250 days post-halving, it then rose 140%Repeating history? Bitcoin's cyclical journey suggests potential rise to $225,000.
Happy Friday!Bitcoin's recent market movements have sparked a mix of optimism and caution among investors. After reaching an all-time high of over $108,000, Bitcoin has experienced a notable pullback, reminiscent of its historical patterns post-halving. Analysts are drawing parallels to the 2020 cycle, where Bitcoin saw a significant rise after a similar retracement, suggesting a potential climb to $225,000 in the future. However, the current market sentiment is weighed down by Jerome Powell's remarks on interest rates and concerns over a possible government shutdown, leading to substantial liquidations across the crypto space. As 21Shares prepares to launch a Polkadot trust in Delaware, the ETF landscape continues to evolve amid these turbulent times. Stay tuned for more insights as we navigate this dynamic market. LATEST SLATECAST 🎙️ On-chain AI and the future of privacy: Jesse Glass talks identity, AGI, and Decide AI’s 2025 roadmap 🚀Are you a Web3 marketer? Join our new Web3 Marketing Insights channel here https://t.me/cryptoslate_web3. We’ll be sharing tips, strategies, and special announcements to help web3 marketers level up their game. The global crypto market cap is $3.33 trillion, with a 24-hour volume of $360.23 billion. The price of Bitcoin is $97,180.86, and BTC market dominance is 57.6%. The price of Ethereum is $3,375.12, and ETH market dominance is 12.2%. The best-performing sector is Derivatives, which gained 6%. The Crypto Fear & Greed Index is currently Greed (74). 📰 Top News
Bitcoin pullback mirrors 2020 reversal 250 days post-halving, it then rose 140%Repeating history? Bitcoin's cyclical journey suggests potential rise to $225,000. Bitcoin loses $100k as markets continue to slide in reaction to Fed’s slower pace for 2025In addition to Jerome Powell's recent remarks on the US interest rate policy, a potential government shutdown is in play. 21shares registers Polkadot trust in Delaware in preparation for ETFThe filing is a potential DOT-indexed exchange-traded fund, a part of a wave of new ETFs expected by analysts. Bitcoin and Ethereum take a hit as $1.2 billion in crypto liquidatedTraders across the market saw significant losses in the wake of Fed's latest monetary policy update.
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