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Bitcoin's record run still far from peak but 'crypto winter' to follow. Now it's knocking at $30,000's door. What's more frightening, however, is the fact that such an event is happening today. Newsbtc is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins.here at newsbtc, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies. New heights bitcoin price in u.s.
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Bitcoin price heading towards $250,000, predicts hedge fund analyst.
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Bitcoin prices have plummeted about 12% to less than $50,000 in the last 24 hours, according to coindesk. During the last month, bitcoin has experienced extreme volatility. Bitcoin news today will help you to figure out what is happening right now. In 2013, it tumbled and held down until lifting off in 2017 again, so only time will tell. In january 2021, it surged past $40,000 a coin but has since fallen sharply from its record high.
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The company explained in a filing with the securities and exchange commission (sec) that it bought bitcoin to diversify its cash returns and more flexibility.
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The sudden rise of bitcoin has been connected to the decision taken by the tesla electric car company to buy $1.5 billion worth of bitcoin. However, the one thing that could actually destroy bitcoin, is actually happening today. Bitcoin passed $20,000 for the first time just 11 days ago. This bearish trend for the crypto market was the same for almost every crypto asset. Bitcoin price heading towards $250,000, predicts hedge fund analyst.
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Its rapid rise has been remarkable — or unbelievable, depending on your appetite for risk.
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