As Bitcoin's price declines, $350 million worth of bids have been placed on the cryptocurrency market: What does the future hold?

Quick Summary:

Bitcoin (BTC) has been under the microscope with several analysts providing insights into its current status and potential future movements.

Whilst, market traders have placed over $350 million worth of bids for a Bitcoin price lower than $61,000.

Moreover, crypto analysts have predicted a further correction.

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Article Details

Category: Crypto

Markets: India

Topics: Bitcoin Price Analysis 24/7 Cryptocurrency News Bitcoin Bitcoin (BTC) Price Spot Bitcoin ETF Bitcoin News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-05-09 @ 19:41:41 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 642 words

Reading Time: 4 minutes read

Sentences: 48 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 20923199

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 17 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #59

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