Kimberly
@kimberlyhill
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Bitcoin Price Prediction: Billionaire Michael Saylor Forecasts $13 Million BTC by 2045
Bitcoin (BTC), the world’s leading cryptocurrency, has maintained its bullish momentum, trading around the $68,469 level. Despite experiencing a dip to an intraday low of $63,600 yesterday, BTC quickly regained strength and surged past the $68,000 mark.
This upward trend is fueled by several factors, including Michael Saylor’s optimistic prediction that Bitcoin could reach $13 million by 2045.
Saylor’s forecast has bolstered bullish sentiment, potentially driving increased investor interest and contributing to Bitcoin’s recent surge above $68,000. 0 reply
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Industry experts and commenters seem to agree that J.D. Vance, the US Vice President pick made by the former President and current Presidential hopeful, Donald Trump, is good news—at least for crypto, at least for now.
Donald Trump, who was recently found guilty of 34 counts in a Manhattan court, is back on the campaign trail for the 2024 US elections.
This week, the presumptive GOP nominee chose a Trump-critic-turned-Trump-supporter, Ohio Senator J.D. Vance, as his running mate.
As was the case with Trump himself, the crypto space has now turned its attention to the VP hopeful and his possible impact on the industry. 0 reply
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The NFT market continues to experience a decline, with sales dropping 12% last week.
Recall sales plunged 16% during the previous week.
According to CryptoSlam, total sales for the last seven days stood at just below $100 million and involved over $785,000 buyers and sellers in 1.4 million transactions.
Ethereum (ETH) was once again the most active blockchain for NFT sales, leading the pack with $38.4 million worth of transactions.
Notably, Ethereum experienced a surge in wash trading last week, with money earned from the activity going up nearly 9.5% to $37.69 million.
Polygon (MATIC) was one of the biggest winners last week. Sales jumped 11.2% to push it past the Bitcoin (BTC) network and into second place.
Interestingly, wash trading on the platform has kept on rising. During the prior week, Polygon registered a 37.58% increase in wash trading. This past week, it went up 46% to $14.9 million, almost double the amount recorded previously. 0 reply
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