Bitcoin (BTC), Ethereum (ETH), and XRP Price Prediction Today (For March 11)
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The cryptocurrency market, led by Bitcoin (BTC) and Ethereum (ETH), has shed more than $1.3 trillion in valuation since U.S. President Donald Trump
Donald Trump Donald Trump is an American former president politician, businessman, and media personality, who served as the 45th president of the U.S. between 2017 to 2021. Trump earned a Bachelor of science in economics
The recent pump didn't have strong spot buying behind it—mostly leverage and hype. Once the momentum faded, there were no real buyers to hold the price, leading to a sharp drop. Traders who bought during the pump panicked when $BTC reversed sharply, triggering a chain reaction of selling.
Congress to Vote on Trump’s Crypto Reserve Plan, Potential Limits on Rally
Former President Donald Trump's recent endorsement of cryptocurrency has caused a significant surge in market value, leading investors to diversify their portfolios with digital assets.¹ This move has sparked optimism among market participants, resulting in increased trading volumes and a bullish trend in the crypto market. Trump's support for cryptocurrency as a reserve asset signals a shift in attitudes towards digital currencies and their potential role in the future of finance.
*Key Impacts of Trump's Endorsement:*
- _Increased Mainstream Attention_: Trump's endorsement has brought mainstream attention to the crypto market, attracting new investors and bolstering confidence in digital assets. - _Rising Crypto Prices_: The positive sentiment has been reflected in the rising prices of various cryptocurrencies, with Bitcoin and Ethereum experiencing notable gains. - _Regulatory Discussions_: Trump's endorsement has reignited discussions about regulating cryptocurrencies, with policymakers and industry leaders seeking clear guidelines for the growing market. - _Potential for Stability and Legitimacy_: Increased scrutiny from regulatory bodies could bring stability and legitimacy to the crypto space, paving the way for greater adoption and acceptance by mainstream financial institutions.
Overall, Trump's support for cryptocurrency has had a profound impact on the market, signaling a new era of acceptance and recognition for digital assets. As the market evolves, investors must stay informed and adapt to the changing landscape of finance.
Bitcoin's value dropped more than 25% from its peak when Trump was elected, as the US president's stance and economic concerns impacted crypto investments. The selloff worsened in Asia, affecting Bitcoin and other cryptocurrencies like Ether, Solana, and XRP.
Bitcoin is crashing due to Trump's trade tariffs, massive ETF outflows, and recent security breaches in the crypto industry. How much has Bitcoin lost since Trump's inauguration? Bitcoin has dropped nearly 20% since Trump took office in January, driven by economic uncertainty and market instability.
URPD analysis: 7% of Bitcoin’s supply locked in $60,000 to $65,000 price range
Bitcoin has maintained a price above $60,000 since Feb. 28, briefly dipping below the level only twice — once on March 5 and during a brief period between April 17 and April 19.
Although Bitcoin briefly surpassed $70,000 multiple times in March and April, the URPD metric reveals a significant accumulation of supply between $60,000 and $65,000 — with BTC trading within this range for the past two weeks.
Approximately 7% of the total supply is concentrated within this range as of April 26, based on Glassnode data.
The live price of Bitcoin is $ 64,519.52 per (BTC / USD) with a current market cap of $ 1,270.38B USD. 24-hour trading volume is $ 30.58B USD. BTC to USD price is updated in real-time. Bitcoin is -3.28% in the last 24 hours with a circulating supply of 19.69M. #bitcoinhalving #Bitcoin❗️
Solana Price Continues to Drop Despite NFT Outperforming
The sales volume and NFT transactions on Solana have decreased in the past month. SOL's price movement continues to decline, with indicators suggesting further price decreases ahead. #solana #binance
BNB is a valuable asset that has multiple use cases and strong fundamentals. As Binance continues to grow and innovate its ecosystem, and as BSC attracts more users and developers to its platform, the demand for BNB will increase accordingly. Therefore, it is expected that BNB will hit $1000 in the future for sure!
We predict that Bitcoin will jump to an average price of $60,000 in 2024, thanks to the Halving event, and settle more in 2025 with an average of $65,000. In 2026, we see Bitcoin trading as high as $90,000 by the end of the year. By 2030, we predict that Bitcoin could reach a high of $160,000
South Korean NFT Marketplace PlayDapp Loses Over $290 Million in Crypto Exploit
According to CryptoPotato, South Korean blockchain-based game development platform and non-fungible token (NFT) marketplace PlayDapp has lost over $290 million in crypto from an exploit lasting four days. The smart contract of PlayDapp’s native token, PLA, has been paused, and preparations are ongoing to conduct a snapshot for migration.The exploit began on February 9 when an unauthorized wallet minted 200 million PLA tokens worth $36 million at the time. Blockchain security firm PeckShield reve