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Bitcoin News Roundup for April 24, 2020
BTC could hit $9K this year and Purse might have a second life. It's CoinDesk's Markets Daily Podcast.
Updated Sep 14, 2021, 8:33 a.m. Published Apr 24, 2020, 4:00 p.m.
BTC could hit $9K this year and Purse might have a second life. It's CoinDesk's Markets Daily Podcast.
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Today's stories:
First Mover: Bitcoin Jumps as Fed Assets Top $6.5T and Traders Focus on Halving
Bidooh Founders Admit to Cloning Business for Rival Advertising Venture
Immunity Passes Explained: Should We Worry About Privacy?
Bitcoin Startup Purse May Have a Lifeline After All
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Bitcoin could drop to $10,000, one analyst says, spelling doom for ETH, ADA, XRP
Traders are positioning for downside risks, with a significant build-up of put options indicating expectations of a dip below $85,000.
What to know:
- Bitcoin remains under pressure, hovering near $87,000, with analysts warning of potential further declines into early 2026.
- Traders are positioning for downside risks, with a significant build-up of put options indicating expectations of a dip below $85,000.
- Despite recent resilience, long-term holders have reduced their bitcoin holdings, and geopolitical risks and leverage conditions are expected to drive market volatility into 2026.
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