Presale Nears $100M as BlockDAG’s 50% Bonus Winds Down! Bitcoin and Ethereum Show Market Struggles

Quick Summary:

The cryptocurrency world is in turmoil due to Bitcoin’s drop to a two-week low of $61,800, causing $350 million in sell-offs and affecting thousands of traders.

Meanwhile, Ethereum might be heading for a downturn similar to its end-of-2016 slump, potentially lowering its price in the upcoming months.

As Bitcoin’s latest sell-off wave calms, traders are closely monitoring market trends and bracing for potential changes.

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Article Details

Author / Journalist: Jine Angel

Category: Crypto

Markets: United Arab Emirates

Topics: Press Release BlockDAG

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-12 @ 17:00:00 (15 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 680 words

Reading Time: 4 minutes read

Sentences: 48 lines

Sentence Length: 15 words per sentence (average)

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

Copyright Owner: © TheNewsCrypto

News ID: 23010426

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 13 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 15 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #125

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