Bitcoin falls 5% to $57,000 ahead of Fed decision, slumps 16% in April

Bitcoin falls 5% to $57,000 ahead of Fed decision, slumps 16% in April

Bitcoin experienced a nearly 6 per cent decline on Wednesday, marking its the worst monthly performance since April 2022. This downturn occurred as investors withdrew funds from cryptocurrencies in anticipation of an interest rate decision from the Federal Reserve.  April witnessed a substantial drop of almost 16% in the value of the most traded cryptocurrency … Read more

Bitcoin Halving: World’s biggest crypto reaches supply milestone, future price unpredictable

Bitcoin Halving: World's biggest crypto reaches supply milestone, future price unpredictable

Bitcoin, the world’s leading cryptocurrency, underwent a programmed reduction in its new coin creation rate on April 19. This event, known as a “halving,” occurs roughly every four years and is designed to slow down the overall supply of Bitcoin as per CoinGecko. Following the halving, Bitcoin’s price remained relatively stable, experiencing a slight dip … Read more