27 Days to Halving: Bitcoin Crosses $700 Mark, Drags Ethereum Along
Bitcoin has risen to a two-year high as at press time to $686. So has the Ethereum moved to $16.50 particularly over the weekend. This is likely to be a continuous trend with the look of things. A close monitoring of the Poloniex exchange platform shows that both digital currencies - as well as Monero, Litecoin and Ripple - are the main beneficiaries of the growing interest in the cryptocurrency market. Dash has a slight drop. According to CoinMarketCap.com, Ethereum gained a 5.25% rise against Bitcoin and a 15.25% against the US dollar. The best explanation for the rise thus far is that....
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The 2024 Bitcoin halving is only two days away, and there are already varying expectations of what might happen to the BTC price once the event is completed. One way to get an idea of how it could play out for the Bitcoin price, though, is through historical data and how the cryptocurrency has performed at times like these. Bitcoin Price Trends For Previous Halvings There have been three halvings so far since Bitcoin was first launched in 2009 and with each one, Bitcoin has demonstrated various reactions to the event. The first halving took place on November 28, 2012, the second happened....
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