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Kuleli sonto Ngezinhlamvu zemali: Ukuncipha kwe-Bitcoin Kuyenzeka Kodwa i-BTC Ayinyakazi Ngemva Kweviki Elimangalisayo - Decrypt

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Kuleli sonto ku-Coins
Umfanekiso ka-Mitchell Preffer we-Decrypt.

Okudala kulindelwe nokuhafula phakathi umcimbi took place on 4/20 and after all the hype and speculation, Bitcoin is…sitting pretty still.

CoinGecko shows that the top intengo yemali stands at $64,041, after dropping by 5% in seven days. Over the past 24 hours—which included the fourth reduction in mining rewards since the birth of BTC—it hasn’t moved at all.

It’s still been a dramatic week for the biggest digital asset by market cap after it got battered last weekend by massive liquidations and trouble in the Middle East. At one point, it ecwiliswe ngezansi $60,000 for the first time since late February.

Its most recent all-time high of nearly $74,000 was achieved last month. Post halving, it doesn’t look like BTC is fueling up for a bull run, but a bear attack also seems unlikely.

Still, experts told Decrypt that the pre-halving run-up usually leads to a lot of volatility.

Elsewhere on the market, Intengo ka-Ethereum has dropped by more than 6%. The second-biggest digital coin is now priced at $3,063. A report earlier in the week wabonisa that investors were fast cashing out of digital asset investment products tracking Ethereum, and it has certainly suffered the most out of the biggest coins and tokens.

In the world of altcoins, meme coins also fared badly, with Pepe, bonk, Futhi Dogecoin all down significantly—12%, 13%, and 10% respectively over the last week.

ApeCoin Uthole shredded earlier in the week when the wider crypto market took a hit, but it has since recovered from nearly hitting an all-time low. Over seven days, it’s dropped about 3% and is now priced at $1.26.

eyahlelwa Ryan Ozawa.

Hlala unolwazi lwezindaba ze-crypto, thola izibuyekezo zansuku zonke ebhokisini lakho lokungenayo.

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