Bitcoin Price Volatility: Nearing Halving, Israel-Iran Tensions, and Weekend Plunge Predictions

1 min read
Source: CoinDesk
Bitcoin Price Volatility: Nearing Halving, Israel-Iran Tensions, and Weekend Plunge Predictions
Photo: CoinDesk
TL;DR

Bitcoin price bounces as halving nears, with a 5% increase over 24 hours, reaching a weekly low of $58,800 and approaching the $65,000 mark. U.S.-based spot bitcoin exchange-traded funds (ETFs) registered outflows totaling $4.3 million on Thursday, extending a four-day run of withdrawals ahead of the halving. Cryptocurrency exchange Kraken is acquiring TradeStation Crypto to expand its regulatory licensing in the U.S.

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