Bitcoin at $66,000 – crazy bull run on the cryptocurrency market!
Bitcoin Price Surges to $66,000 Level
The price of Bitcoin has been dynamically increasing throughout Wednesday, reaching an impressive level of $66,000. This represents a 5% rise in just the last 24 hours. Such a development in the cryptocurrency market is attracting the attention of investors and market observers.
Ether (ETH) Nearing the $3,500 Level
Similar to Bitcoin, Ether (ETH) is also experiencing growth, nearing the $3,500 level. This cryptocurrency is following an upward trajectory, confirming the overall trend of development in the digital currency market.
Floki Leads Gains, Axelar and Kaspa Following Closely Behind
Floki, a cryptocurrency gaining popularity, is leading the gains with an impressive increase of 26%. Following closely behind are AXL from Axelar and KAS from Kaspa with gains of 19% and 18%, respectively, showcasing the diverse investment opportunities in the cryptocurrency market.
Planned Fourth Bitcoin Halving
Information indicates that the fourth Bitcoin halving is approaching, likely on April 20th. This is a significant event that could have a substantial impact on the cryptocurrency market and encourage investors to take actions.
Coinbase and Planned Listing of Futures Contracts
The institution Coinbase has reached out to institutional investors, suggesting a continued rise in Bitcoin related to the upcoming halving. However, they also urge caution. Furthermore, Coinbase has submitted a letter to the Commodities Futures Trading Commission regarding the authorization to list futures contracts for Dogecoin, Litecoin, and Bitcoin Cash from April 1st, opening up new prospects in the cryptocurrency market.
Reddit Makes Stock Market Debut, Grayscale and MicroStrategy Experience Changes
Reddit is planning its debut on the stock market, valuing its shares at $34. Meanwhile, Grayscale continues to experience significant outflows related to Bitcoin ETFs, while three consecutive days saw outflows from Bitcoin ETFs. On the other hand, MicroStrategy has shown positive development – with shares rising by nearly 4% to $1,600 per share, potentially signaling promising opportunities for investors.
