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Is something big happening to Cryptos?

Cryptos flash-crashed 10-30% during the weekend.
recovered half of the losses by now

 
Buy low, sell high!

Altogether now!!! HUAT AH!!!
 

Standard Chartered still sees bitcoin hitting $500,000 despite recent selloff​

PUBLISHED THU, FEB 27 2025 9:44 AM EST

Ryan Browne@RYAN_BROWNE_
WATCH LIVE

KEY POINTS
  • Geoffrey Kendrick, head of digital assets research at Standard Chartered, believes bitcoin will hit the $200,000 mark this year before climbing even further to $500,000 in the coming years.
  • "As the industry becomes more institutionalized, it should be safer," Kendrick told CNBC, adding this should result in fewer negative headlines like the recent $1.5 billion hack on crypto exchange Bybit.
  • Bitcoin earlier this week sank to a three-month low below $90,000 amid declines in global equity markets.
An article image

Jakub Porzycki | Nurphoto | Getty Images
Standard Chartered's bullish crypto analyst still sees bitcoin's price hitting $500,000 during Donald Trump's presidency — even after a selloff that sank the world's largest digital currency to a three-month low.

Geoffrey Kendrick, who heads up digital assets research at Standard Chartered, told CNBC he believes bitcoin will hit the $200,000 mark this year before climbing even further in the coming years.
 

Standard Chartered still sees bitcoin hitting $500,000 despite recent selloff​

PUBLISHED THU, FEB 27 2025 9:44 AM EST

Ryan Browne@RYAN_BROWNE_
WATCH LIVE

KEY POINTS
  • Geoffrey Kendrick, head of digital assets research at Standard Chartered, believes bitcoin will hit the $200,000 mark this year before climbing even further to $500,000 in the coming years.
  • "As the industry becomes more institutionalized, it should be safer," Kendrick told CNBC, adding this should result in fewer negative headlines like the recent $1.5 billion hack on crypto exchange Bybit.
  • Bitcoin earlier this week sank to a three-month low below $90,000 amid declines in global equity markets.
An article image

Jakub Porzycki | Nurphoto | Getty Images
Standard Chartered's bullish crypto analyst still sees bitcoin's price hitting $500,000 during Donald Trump's presidency — even after a selloff that sank the world's largest digital currency to a three-month low.

Geoffrey Kendrick, who heads up digital assets research at Standard Chartered, told CNBC he believes bitcoin will hit the $200,000 mark this year before climbing even further in the coming years.
That means price will drop even more
..waiting for the time to buy
 
In every investment asset, u will need to shake out the weak hands before next price discovery phase
 

Pi Network’s Price Skyrockets by 40% Daily as Bitcoin Maintains $83K (Weekend Watch)​

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Jordan Lyanchev Apr 6, 2025 06:44

PI and OKB are once again the top performers fromt the larger-cap alts today.
Pi Network’s Price Skyrockets by 40% Daily as Bitcoin Maintains $83K (Weekend Watch)



Bitcoin’s price movements took a minor detour yesterday when the asset slipped to $82,400, but it managed to recover most losses and now sits above $83,000 once again.

The altcoins are also quite sluggish on a daily scale, aside from PI, which has maintained its recovery session.

BTC Calm at $83K​

The primary cryptocurrency went through a highly volatile trading week, which began with a price slip to $81,600 on Monday. It bounced off almost immediately and went on the offensive hard by Wednesday. At the time, reports that Elon Musk might leave US President Trump’s inner circle sent the asset flying and BTC touched $88,500 for the first time in about a week.

Later that day, though, the POTUS introduced the latest tariffs against countless countries, which had an immediate and violent effect on bitcoin’s price. In just an hour or so, the cryptocurrency plunged to $82,400 and to $81,200 by Thursday.

Another volatile session transpired on Friday when China responded with tariffs on its own, and BTC went from $84,800 to $81,600 in minutes.
 
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