• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Expert opinion: The price of bitcoin will reach above $50,000 before the halving.

Expert opinion: The price of bitcoin will reach above $50,000 before the halving.

user avatar

by Max Nevskyi

2 years ago


On Friday, the price of bitcoin (BTC) reached $46,457, while altcoins also showed strong growth based on the return of capital to stock markets.

An increase in investor sentiment occurred after the announcement by the International Monetary Fund of a gradual recovery in the global economy.

A decrease in the negative impact of local political and financial crises on global processes is noted. Production activity is starting to grow, and logistics chains are recovering.

Caroline Mauron, co-founder of Orbit Markets, considers the strengthening of bitcoin to be confirmation of a global positive trend.

The launch of spot crypto funds and bitcoin ETFs in the United States reflects the growing interest of institutional investors in the digital currency market.

Crypto funds ETFs raised $8 billion in a month, while the outflow of funds from the GBTC trust decreased to $6 billion.

According to Caroline Mauron, the bitcoin exchange rate may reach the $50,000 mark before the April halving.

The expert does not exclude the possibility of exceeding this level by the BTC exchange rate in the coming weeks, provided that support remains, which may lead to even higher indicators.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Bitcoin BIPs GitHub Repository Receives Update

chest

The Bitcoin BIPs GitHub repository has been updated with new information.

user avatarMaria Fernandez

New Editorial Guidelines Focus on Improving Content Quality.

chest

A strict editorial policy has been established to ensure accuracy, relevance, and impartiality in content.

user avatarGustavo Mendoza

Binance Implements Strict Editorial Policy

chest

Binance has introduced a new editorial policy that focuses on accuracy, relevance, and impartiality to enhance the quality and trustworthiness of its content.

user avatarRajesh Kumar

Taiwan Enacts Comprehensive Crypto Regulation

chest

Taiwan has passed the Virtual Asset Service Act, establishing full financial supervision over the crypto sector.

user avatarMiguel Rodriguez

Goliath Ventures CEO Christopher Delgado Admits to Fraud Scheme

chest

Goliath Ventures CEO Christopher Delgado pleads guilty to fraud, admitting to taking hundreds of millions from investors and spending it on luxury items.

user avatarLuis Flores

XRPL Lending Proposal Opens Door To Institutional Credit

chest

The XRPL community is currently voting on amendments that could enhance institutional credit infrastructure on the XRP Ledger.

user avatarArif Mukhtar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.