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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Bitcoin settles for its biggest daily decline since 2023

    Rocky
    Rocky
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    Bitcoin settles for its biggest daily decline since 2023 Empty Bitcoin settles for its biggest daily decline since 2023

    Post by Rocky Sun 14 Apr 2024, 7:08 am

    Bitcoin settles for its biggest daily decline since 2023

    Bitcoin settles for its biggest daily decline since 2023 44598



    money and business
       




    Economy News - follow up
    The price of Bitcoin stabilized today, Sunday, after suffering its largest decline in more than a year, as part of a broader decline in cryptocurrency markets, as escalating geopolitical tensions in the Middle East stimulated risk aversion.
    The price of the largest cryptocurrency fell 7.7% yesterday, Saturday, recording the largest decline since March 2023. The token pared some of the decline to trade at about $63,700 at 6:35 am in Singapore on Sunday, while most other major currencies, such as “Ether,” suffered losses. “Solana” and “Dogecoin,” the crowd’s favorite, suffered losses throughout the day.
    Digital assets trade over the weekends, giving investors a glimpse into the likely mood when traditional markets reopen on Monday, although a lot could change between now and the reopening.
    The price of Bitcoin fell by about $10,000 from its record level recorded in mid-March of $73,798. Demand for exchange-traded funds, which debuted in January, helped the cryptocurrency reach all-time highs, but net investment coming into the products has declined recently.
    Cryptocurrency speculators are awaiting the so-called Bitcoin “halving”, which will reduce the new supply of the token by half, and is expected to happen around April 20. Historically, halvings have proven to be a supportive circumstance for prices, although there are growing doubts about whether this is likely to happen again, especially after Bitcoin recently reached a historic peak.




    Views 39
    Added 04/14/2024 - 1:34 PM
    https://economy-news.net/content.php?id=42444

      Current date/time is Thu 30 May 2024, 2:44 am