BTC huge pump but why ALT Coin down? Crypto Currency News today,
Assalamu Alaikum
Now you understand why there is a chance of market crash.
The first thing is that the market will go down before the halving, because a total of 950 bitcoins are being mined every day, who
Mining they sell their mined bitcoins to cover their electricity bills, no one holds them, and mining 1 bitcoin costs approximately $18K - $20K+ which is almost double the profit now, due to which all miners mine Bitcoin Sells,
And after halving their mining will be halved and their cost will increase and new mined bitcoins will be less in the market, the cost of mined bitcoins will increase, now if a bitcoin mining cost is $18K - $20K+ then $18K - $20K+ will be halved. Bitcoin mining will result in fewer bitcoins coming into the market.
9 New Bitcoin ETFs Hit Record Today With BlackRock's $1.3B Trading $2.4 Billion They Traded
And today saw the highest volume since the launch of the Bitcoin ETF.
-Source Bitcoin Archive
[screenshot By Mobile Phone]
Within 2 months of Bitcoin ETFs being approved, all Bitcoin ETFs held around 300,000 Bitcoins!
-Source The Block
A Bitcoin Holder at MicroStrategy, who held $6.09Billion worth of Bitcoins, has now earned $3.8Billion.
-source Yahoo Finance
This was the most important Crypto News,
I'm finishing here today, everyone be well, Allah- Hafez!
I believe Altseeason is coming soon, latest next month, we gonna see some major pumps in alts
Right bro
Yes it takes some time to pump, we've all seen that.
Yes
Good explained about this.. Go ahead.. Best of luck.
Thanks bro
Every investors are interested in bitcoin. They are buying bitcoin. Because in april we will see a big pump of bitcoin. To get profit everyone investing in bitcoin. So after halving may be we will see Altcoin season. Thanks for spreading this news.
You gave a very nice explanation about why BTC is huge pump but ALTCoin is the bottom. Which is very important for us and it is very important for all of us to know about this. Thank you for sharing such a beautiful post with all of us.