The price of Bitcoin, the world's largest cryptocurrency, experienced a sudden decline today and the price fell below $ 68,000.
The BTC price, which was above $ 71,000 during the day, lost more than 5% of its value at its bottom with this decrease and is trading at $ 68,044 at the time of writing this article.
The main reason for the decline in Bitcoin price is the tension between Israel and Iran. It is known that Iran wants to retaliate against some groups affiliated with Iran that were killed by Israel weeks ago. Recently, it has been rumored that Iran wants to attack Israel, either directly

Wall Street firms’ escalating involvement in the stablecoin market could speed up the development of regulations in the United States, creating a private alternative to a central bank digital currency (CBDC).
According to crypto investor Ryan Sean Adams’ analysis, the recent launch of off-ramps in USD Coin
USDC
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$1.00
for BlackRock's tokenized fund is just another step in the ongoing integration of traditional finance and stablecoin providers.
“Stablecoins will happen in the U.S. because BlackRock and the banks want them to happen. This could not be more obvious,” Adams said on

Ethereum price stayed above the $3,400 support zone. ETH is recovering losses, but it must clear $3,600 to continue higher in the near term.
Ethereum extended its decline and tested the $3,400 support zone.
The price is trading above $3,500 and the 100-hourly Simple Moving Average.
There was a break above a connecting bearish trend line with resistance at $3,500 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could gain bullish momentum if it stays above the $3,500 support zone.
Ethereum Price Aims Higher
Ethereum price extended its decline below the $3,500 level. ETH even spik

In the Solana (SOL) network, a covert war occurs between major players, each trying to “sink” their competitors.
Analyst Duo Nine spoke about the hidden battle and the schemes used by its participants.
Solana’s Major Players in War
Duo Nine claims that among the major crypto projects on Solana, there is a hidden war that even ordinary participants in the crypto community — potential victims of the confrontation — are unaware of. According to him, users may be unable to conduct a transaction on Solana due to the conflict.
The analyst believes that major players are launching DDoS attacks agains

A top analyst known for making timely crypto calls warns that Bitcoin (BTC) may be in the midst of witnessing a painful scenario.
Pseudonymous trader Bluntz tells his 254,100 followers on the social media platform X that Bitcoin appears to be flashing an ABC corrective move on the daily chart.
Bluntz practices the Elliott Wave theory, which states that a bullish asset typically consolidates within an ABC corrective wave after going through a five-wave uptrend.
Says Bluntz,
“Max pain on BTC is take out the highs, make everyone FOMO (fear of missing out) back in and think it’s some kind of trian

Bitcoin's
BTC
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$68,902
increase of 7.6% between April 6 and April 8, reached an intraday peak of $72,747 and sparked widespread speculation about the underlying causes.
While some may hastily point to the inflows from the spot Bitcoin exchange-traded funds (ETF) as the primary factor, this perspective overlooks the broader motivations for buyers to push the price higher. It is more plausible that a range of macroeconomic factors played a key role in Bitcoin's recent price rally.
Is Ethena’s stablecoin behind Bitcoin’s surge to $72,000?
It seems misguided to assert that the surge

Bitcoin's (BTC) increase of 7.6% between April 6 and April 8, reached an intraday peak of $72,747 and sparked widespread speculation about the underlying causes.
While some may hastily point to the inflows from the spot Bitcoin exchange-traded funds (ETF) as the primary factor, this perspective overlooks the broader motivations for buyers to push the price higher. It is more plausible that a range of macroeconomic factors played a key role in Bitcoin's recent price rally.
Is Ethena’s stablecoin behind Bitcoin’s surge to $72,000?
It seems misguided to assert that the surge in BTC's value was s

Ripple CEO Brad Garlinghouse expressed optimism for the crypto market’s future. He predicts that the total market capitalization could reach a staggering $5 trillion by the end of 2024.
In a recent CNBC interview, he pointed to several factors that fuel his bullish predictions, including significant macroeconomic factors and regulatory momentum.
Will US Regulation Spark Crypto Market Boom?
Central to his forecast is the introduction of the first spot US-based Bitcoin exchange-traded funds (ETFs) and the Bitcoin halving event this year.
Bitcoin halving is a built-in mechanism that reduces minin

Bitcoin maxis are about to kick off the altseason as BTC turns institutional
This more muted sell-off is a harbinger of a softer rally once we’re over the halving hump. There’s little doubt that Bitcoin will see the customary sell-off following the halving, and it will certainly reach a new all-time high after. Equally, returns will still look a lot more exciting than they do for, say, traditional equity holders. But don’t expect the more than 600% price increases we saw after the last halving in 2020. Those days are over.
So why is this happening? There are two factors at play here. Firstly,

Bitcoin’s price recovery continues as the asset jumped to over $69,000 and came close to challenging $70,000 hours ago.
This price fluctuation comes amid increased activity from large BTC investors, according to on-chain data.
The first whale move was observed by several on-chain data providers, such as Lookonchain and Whale Alert. The resources informed that a Bitcoin investor who had accumulated a notable stash of nearly 4,300 BTC a decade ago at an average price of less than $30 had decided to move a small portion.
Interestingly, this was the anonymous whale’s first Bitcoin transfer (at lea

The SHIB community continues to decrease the circulating Shiba Inu supply by means of daily burns when they transfer millions of meme coins to dead-end cryptocurrency wallets.
According to the Shibburn tracker, this time, they have succeeded in destroying more than a dozen million SHIB. Meanwhile, the Shiba Inu price has made yet another attempt to break out.
Burn rate shows three-digit spike
The popular burn tracker shows that over the last 24 hours, the daily SHIB burn rate made a substantial increase by 162.85%. This rise was reached thanks to 16,210,694 Shiba Inu coins burned in total via

Charles Hoskinson Reacts to Grayscale Removing ADA from GDLC
Grayscale, the world’s largest crypto asset manager, conducted a comprehensive review in accordance with the CoinDesk Large Cap Select Index methodology, leading to the rebalancing of GDLC and the removal of ADA.
Hoskinson’s reaction, “Wall Street give; Wall Street take,” puts lights on the uncertain nature of investment strategies and the fluctuations within the cryptocurrency market. His comment shows the nature of the cryptocurrency and digital asset environment and how it is controlled by Wall Street sometimes.
Effective from Apr