Bitcoin and Ethereum Waver as Investors Take Profits on Recent Rally

Bitcoin's Astonishing Rally: Expert Analysis & Future Outlook

BitcoinWorld Bitcoin’s Astonishing Rally: Expert Analysis & Future Outlook The cryptocurrency world is buzzing! The recent surge in Bitcoin price has captured global attention, leaving investors and enthusiasts alike wondering: What’s driving this impressive rally, and where might the price go next? If you’re navigating the exciting yet volatile crypto market, understanding these movements is crucial. Let’s dive deep into the factors at play and…

Bitcoin and Ethereum Waver as Investors Take Profits on Recent Rally - WorldNL Magazine

In brief Cryptocurrency markets experienced a pullback Thursday, with Bitcoin dropping to $101,500 amid profit-taking after recent rallies. Major altcoins saw steeper declines than Bitcoin, with Ethereum down 3% and XRP, Solana, and Dogecoin each falling around 5%. Analysts describe this as a "healthy correction" within a broader uptrend, noting Bitcoin's strong ETF inflows and its high 0.86 correlation with the S&P 500. Top cryptocurrencies exp…

Bitcoin and Ethereum Waver as Investors Take Profits on Recent Rally

"Ongoing global economic uncertainty and persistently high interest rates in the U.S. may act as headwinds" for crypto, an analyst told Decrypt.