Sunday, May 19, 2024

Blockchain News

Bitcoin’s Stellar Ascent: A Look at BTC’s Largest One-day Price Surges Ever

Bitcoin, the number one cryptocurrency by market capitalization, is within a sustained uptrend as we approach the 2024 halving event. A rise in inflows in Bitcoin ETFs and an increase in demand for the coin are the major factors driving the BTC price up. This sustained rise in demand for bitcoin may lead to another new all-time high before the next bitcoin halving, tipped to occur between 19 and 21 April this year. The bitcoin...