Crypto News Bites for Traders This Week
1. Bitcoin (BTC):
Bitcoin could hit a new high if it breaks $69,330, potentially reaching $74,400. The April 2024 halving will make BTC even scarcer.
**2. Ethereum (ETH):**
Ethereum's price is volatile, but a spot ETF could drive a rally. The EIP-4844 upgrade will cut transaction costs and enable new applications.
3. Meme Coins:
Dogecoin and Shiba Inu have dropped, but Pepe (PEPE) is showing a bullish trend. Bonk (BONK) might dip before bouncing back.
4. Regulatory Shenanigans:
China’s crackdown on crypto in Yunnan continues. India’s top exchange, WazirX, reassures compliance despite regulatory scrutiny.
5. ETF Buzz:
Bitcoin ETFs are attracting big investments, potentially driving BTC to new heights. These ETFs are expected to bring even more investment into crypto.
Stay sharp, traders—crypto's always a wild ride!
