Bitcoin Price & Ethereum Prediction: BTC and ETH Up Nearly 4% - Is More Upside Ahead?
Bitcoin (BTC), the most popular cryptocurrency in the world, has recently halted its downward trend and gained momentum by surpassing the $28,000 mark. BTC surged by more than 4% and is currently trading at $28,438.
In the meantime, the prices of various alternative cryptocurrencies, such as Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC), have seen a positive trend in their values, and their prices have increased, which is a good sign for investors who hold these cryptocurrencies.
However, the reason behind this upward rally is not clear, but it can be linked to the increasing support for decentralized finance, especially after the recent banking crisis. Hence, the upward surge of BTC has had a positive impact on the entire cryptocurrency market, with other digital assets like ETH also showing a similar upward trajectory.
Furthermore, the Q1 earnings reports of two major companies, Alphabet (the parent company of Google) and Microsoft, were relatively positive, resulting in a positive response from investors. This was seen as one of the contributing factors to the slight increase in the price of Bitcoin (BTC).
Apple has quietly removed the Bitcoin white paper from the latest beta version of its operating system upgrade. The white paper had been shipped with every copy of MacOS for the past five years, and it was found within Virtual Scanner II in macOS.
However, the removal has caused speculation in the crypto community about the reasons behind it, with some suggesting that Apple's move could have negative implications for Bitcoin's price. However, it is unclear whether this will have a significant impact on the cryptocurrency market.
It is worth noting that the development comes as a
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