There was much excitement in the crypto industry when Bitcoin (BTC), the largest cryptocurrency by market cap, broke through its ATH of $69,000 and recorded a new high of $71,000 on March 11, 2024. Ethereum (ETH), the second largest crypto asset, also experienced a 3-year high that took its price to the $4000 mark.
However, uncertainties surrounding the upcoming halving and other liquidity factors have made Bitcoin retraced below $66,000. Ethereum also saw a bearish trend that took its price below $3500. The liquidations and downtrend in price no doubt affected investors who are now scrambling to get on ETFswap ($ETF), the next big thing that has the potential to help them recover their losses.
Bitcoin Drops To $65,000 as Bearish Sentiment Drags On
Bitcoin (BTC) dropped to the $65,000 mark in the early hours of April 4, 2024, representing 1.03%, and its trading volume plummeted by over 33% to $31.32 billion. One of the primary reasons for this downtrend was pinned on
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