Cryptocurrency Expert Warns Of Bitcoin Halving's Potential Supply Shockwave

Quick Summary:

Bitcoin is currently trying to stay afloat amid geopolitical tensions that have triggered a sharp decline in the flagship crypto’s price.

At the time of writing, Bitcoin was experiencing a significant drop of nearly 15%, plummeting to a low of $60,660, its lowest level in almost a month.

In an X post, Mow expressed confidence in Bitcoin’s resilience, stating that the current market turmoil is merely a temporary setback.

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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets: HungaryHong Kong

Topics: Crypto Btc Bitcoin Bitcoin Price action Price Analysis

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-04-16 @ 14:00:48 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 418 words

Reading Time: 3 minutes read

Sentences: 31 lines

Sentence Length: 14 words per sentence (average)

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

Copyright Owner: © Bitcoinist

News ID: 20706289

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 12 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 10 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #105

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