Bookmark Technology

  • Submit Story
  • Popular Stories
  • Recent Stories
  • Trending Stories
  • Contact Us
  • Login
Trending now

Biden-Harris Administration Committed to Building Resilient Agricultural Supply Chains — Global Issues

Justin Duggar Weds Claire Spivey 5 Months After Announcing Courtship

It’s Pokemon Day and Destructoid wants to know your favorite Pokemon spin-off

WestJet to lay off undisclosed number of pilots amid labour negotiations

The hidden business costs of working remotely

Galaxy Digital co-president explains two things deterring institutional crypto buying

NFTs based on STARZ show ‘American Gods’ coming soon from Curio

Increasing stock market volatility drags Bitcoin and altcoin prices lower

What's A Delicious Dish From Your Culture That Other Home Cooks Should Try?

Sister, Sister Celebrity Cameos And Guest Stars

Zcash (ZEC), Kusama (KSM) and Hedget (HGET) soar as Bitcoin hits $40K

1
Max 1 month ago in Blockchain 0


The sharp correction in Bitcoin (BTC) may have shaken out many leveraged traders, but the data shows whales and institutions aggressively purchased the dip and now bulls have shown they are determined to push Bitcoin price back above $40,000. The total crypto market capitalization has also recovered and surged back above $1 trillion. 

Crypto market data daily view. Source: Coin360

Pantera Capital founder and CEO Dan Morehead said he stands by his earlier prediction of $115,000 for Bitcoin by August of this year. Morehead believes China’s digital yuan developments may boost crypto adoption and prove to be a bullish trigger.

Several altcoins have also turned positive and are following Bitcoin higher. Let’s investigate the fundamental reasons for their rise in order to determine whether there are possible targets on the upside.