Is BTC Starting to Recover? – A Dramatic Week for the Leading Cryptocurrency
What a week it has been for the primary cryptocurrency. After the massive price dump from the previous one, when it dropped from $107,000 to $94,000, the asset entered the current at around $95,000. However, the bears quickly retook control and initiated several consecutive leg downs.
The culmination took place on Friday when bitcoin slumped below $81,000 for the first time since April. This came amid certain OG whales offloading and the growing outflows of the spot Bitcoin ETFs. Moreover, it liquidated over 400,000 traders at one point, including some high-profile names, such as Andrew Tate.
Some relief followed suit after this mindblowing correction, and bitcoin bounced to $85,000 later that day after the president of the New York Fed branch hinted that the central bank might actually lower the rates soon. $BTC $XRP $ETH #BTC90kBreakingPoint #BTCVolatility #BTC🔥🔥🔥🔥🔥 #Xrp🔥🔥 #hottrendingtopics
BCH & WLFI Rally Double Digits While Bitcoin Stabilizes at $84K 🚀📉 | Weekend Market Watch
Bitcoin extended its sharp drop on Friday, falling to a new 7-month low below $81K before recovering slightly to hover around $84K.
While BTC remains relatively calm now, some major altcoins are stealing the spotlight this weekend:
🔥 BCH and WLFI have surged with double-digit gains, showing strong bullish momentum. ⚡ On the flip side, ZEC has moved in the opposite direction, recording notable losses.
Kiyosaki’s recent choice to sell some of his holdings may come as a surprise, especially since he had previously suggested that Bitcoin’s price could reach as high as $250,000. Earlier this month, he mentioned that he continued purchasing Bitcoin and Ethereum after the market correction, anticipating “significant gains.” Despite his recent sales, Kiyosaki remains optimistic about Bitcoin’s future. He intends to acquire more in the coming months using cash flow generated from his new business ventures. Currently, Bitcoin is trading around $84,475, showing notable price fluctuations. Today, it briefly dipped below $81,000 on the Bitstamp exchange.
🚨Nokia Pledges $4 Billion for US AI Research Amid Super Cycle Opportunities
Nokia has officially committed $4 billion to AI research and development within the U.S. This significant investment is strategically focused on creating AI-optimized connectivity to enhance security, boost productivity, and drive prosperity. The initiative is strongly supported by a partnership with Nvidia. This collaboration aims to seamlessly integrate Artificial Intelligence into essential telecom infrastructure for advanced edge computing applications, such as the technology needed for self-driving cars and smart factories. 🔥The Partnership: Supporting Innovation Key Partner: The investment is supported by a significant partnership with Nvidia. Goal: The collaboration aims to integrate AI directly into telecom infrastructure for advanced edge computing applications. #HotTrends #cryptouniverseofficial #AI #Nvidia's