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news-imageOctober 2, 2024

Bitcoin's Safe Haven Narrative Comes Under Pressure Amid Iran-Israel War Fears, Investors Prefer Gold During Crisis

The thesis that Bitcoin (CRYPTO: BTC) would keep investors' wealth secured during geopolitical risks was negated after the leading cryptocurrency plunged along with stocks over fears of a full-fledged war in the Middle East. What happened: The world's largest cryptocurrency slipped below $62,000, down about 3.52%, as news of Iran launching a missile barrage toward Israel spooked markets.
Publisher: Benzinga
Sentiment: Negative
BTC

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Positive
cover-imageBitcoinist
October 12, 2024

BlackRock Is Selling Bitcoin To Buy Ethereum, Will This Bullishness Trigger Another Altcoin Season?

New reports have revealed that BlackRock, the world's largest asset manager and American multinational investment company, is now selling Bitcoin (BTC) to buy Ethereum (ETH). Many market watchers propose that this unexpected investment change could trigger a bullish rally for Ethereum, potentially catalyzing another altcoin season.

Neutral
cover-imageThe Currency Analytics
October 12, 2024

Unpacking the Recent Bitcoin Surge: Why It Makes No Sense

Bitcoin (BTC) has recently seen a significant surge in open interest (OI), yet the cryptocurrency's price has remained largely stagnant. This phenomenon has left many market participants puzzled, raising questions about what's driving this increase in market activity without a corresponding price movement.

Negative
cover-imageThe Currency Analytics
October 12, 2024

Bitcoin's Sudden Slump: What's Behind the $60K Drop

Bitcoin (BTC) has experienced a notable price drop, slipping 2.4% over the past 24 hours to trade at around $60,800. This decline comes amidst broader market fluctuations and rising concerns among investors about the cryptocurrency's immediate future.

Negative
cover-imageThe Currency Analytics
October 12, 2024

Joe Rogan Questions the Value of Bitcoin and NFTs: Are They Overhyped

The Joe Rogan Experience, popular podcaster Joe Rogan shared his thoughts on Bitcoin and non-fungible tokens (NFTs), expressing doubts about their true value and the hype surrounding them. As digital assets continue to gain attention, Rogan's comments have ignite discussions about whether these investments are genuinely worthwhile or just a passing trend.

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