Bitcoin

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<ul><li>Bitcoin&#39;s value nears $50,000 amid halving anticipation, with 90.5% of coins profitable since creation, outperforming Ethereum and XRP.</li><li>The pre-halving rally accelerates earlier than expected, driven by ETF inflows, surpassing analyst predictions.</li><li>Market dynamics hint at strategic plays by liquidity hunters, adjusting Bitcoin&#39;s price to trigger liquidations while altcoins gain traction.</li></ul>Bitcoin&#39;s value is on an upward trajectory, making a significant <a href="https://cryptotale.org/bitcoin-analyst-eyes-btcs-60000-milestone-amid-market-optimism/" rel="noopener noreferrer nofollow">push towards</a> the $50,000 mark as the cryptocurrency world braces for the upcoming halving event in just 10 weeks. As per Santiment, this surge has not only bolstered investor confidence. Still, it has also placed a staggering 90.5% of BTC coins in a profitable position since their creation, outperforming its peers, with Ethereum and XRP trailing at 84.7% and 79.9% profitability, respectively.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/0cf3fea92b3549e1b7046c9f4144f909.png" />The anticipation surrounding the Bitcoin ETF approval has kept the market on its toes, with the price consolidating around $43,000 for nearly three weeks. Contrary to some analysts&#39; expectations of a dip to $38,000, the market has witnessed a robust inflow into ETFs, propelling a pre-halving rally that commenced earlier than predicted.Read full article at <a href="https://cryptotale.org/bitcoins-rise-is-this-the-beginning-of-a-new-era-or-a-bubble-waiting-to-burst/" rel="noopener noreferrer nofollow">CryptoTale.</a>

Bitcoin's Rise: Is This the Beginning of a New Era or a Bubble Waiting to Burst?

CryptoTale

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