Crypto Price Prediction: The cryptocurrency market extends its correction trend in April’s third week amid the geopolitical issue in the Middle East and FUD around Bitcoin Halving. During the Asian trading hours on Tuesday, the leading digital assets Bitcoin (BTC) and Ethereum (ETH) plunged 1.5% to hit $62530 and $3055, respectively, Furthermore, the other top altcoins Solana(SOL) and Binance coin (BNB) plunged 3-4% while XRP fell 2%.
However, Bitcoin stakeholders have displayed remarkable steadfastness concerning their investments amid the current market uncertainty. According to analytics firm Santiment, despite Bitcoin’s market cap plunging to a low of $61.5K over the past weekend, major holders of the cryptocurrency remain undeterred.
Santiment’s data reveals that since March 1st, significant whale groups have been accumulating substantial amounts of Bitcoin: wallets holding over 100 to 1K BTC have gathered 43,489 BTC ($2.75 billion), wallets with 1K to 10K BTC have accrued 8
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