EPISODE · Apr 12, 2024 · 11 MIN
XRP bull run incoming, altseason imminent, and $70K Bitcoin is ‘here to stay’
from Rise’n’Crypto · host Сointelegraph
The price of Bitcoin may not have moved much in the past 24 hours, but many leveraged positions were liquidated as some traders warn that worse is yet to come. However, more investors are using BTC to hedge against the U.S. economy, which some analysts believe could mean the $70,000 price level is secured. Elsewhere in crypto, data suggests Ripple’s XRP token is gearing up for a bull run of its own, technical charts indicate a massive altseason could be imminent, and Worldcoin is seeing growing adoption as its community funds goat purchases for a Kenyan user.Further reading:Bitcoin no longer in ‘easy mode’ — Expect a leverage wipeout, observers warnBitcoin derivatives metrics suggest $70K is here to stayWhy XRP price might jump 70% vs. BTC after the Bitcoin halvingTechnical charts suggest a roaring altseason may be just ahead: AnalystsWorldcoin reaches 10M users, 70M transactions and at least 13 goats boughtAnnouncement:Join the Rise'n'Crypto community channel on Warpcast for previews, extras, and conversations about all things cryptoSo, grab yourself a coffee, and let’s get into it!Rise’n’Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn. Cointelegraph’s Twitter: @CointelegraphCointelegraph’s website: cointelegraph.comThe views, thoughts and opinions expressed in this podcast are its participants’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast’s participants may or may not own any of the assets mentioned.
What this episode covers
The price of Bitcoin may not have moved much in the past 24 hours, but many leveraged positions were liquidated as some traders warn that worse is yet to come. However, more investors are using BTC to hedge against the U.S. economy, which some analysts believe could mean the $70,000 price level is secured. Elsewhere in crypto, data suggests Ripple’s XRP token is gearing up for a bull run of its own, technical charts indicate a massive altseason could be imminent, and Worldcoin is seeing growi...
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XRP bull run incoming, altseason imminent, and $70K Bitcoin is ‘here to stay’
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