TL;DR
Bitcoin’s price fell by $10,000, possibly influenced by potential US rate hikes and geopolitical tensions, but showed signs of recovery with an anticipated boost from the upcoming halving event.
Shiba Inu’s Shibarium network saw a significant increase in daily transactions, signaling growing activity and potential for future gains.
Despite a recent price drop, analysts remain optimistic about XRP, viewing it as a buying opportunity with expectations for an upward trend.
BTC’s Massive Plunge
The last few days were not quite positive for the primary cryptocurrency, whose price nosedived by approximately $10,000. Recall that BTC was worth more than $72K last week, while during the weekend, it crashed below the $63K mark.
BTC Price, Source: CoinGecko
The severe correction was possibly triggered by external events which affected traditional finance, too. For example, the US Federal Reserve hinted that a rate hike is still in the cards due to the stubborn inflation in the wor
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