Over the last 24 hours, the cryptocurrency market has taken a little breather in buying excitement. Our trusty crypto greed and fear index slid by 1 point, landing at a cool 49 out of 100 (right in the neutral zone)
Now, here's where the plot thickens: Our crypto superstar, Bitcoin, is on the move! 🚀 It's dancing with a 0.30% rise, flaunting a price tag of $29,188. But here's the kicker – Bitcoin halving! It's like a crypto makeover that happens every four years. It chops miner rewards by half and sets a cap on the total supply – we're talking 21 million BTC, no more, no less.
So, let's put on our crypto detective hats and dive in! How do you decode these puzzle pieces? What do you think these market shifts and Bitcoin's spirited rise mean for the big picture?
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Nah, there's nothing new and this had been a typical moment or phase on which this market could have specially on Bitcoin.Its been a while which it is really just sitting on 29,0xx price point and recently it did make
out some movement which did shows up 291xx+ or more but not really that much of a concern yet this could be considered as a typical daily movement on which Bitcoin could move on. The thing that surprises me
that this is my first time in all the the years i've been here on this crypto market on which i have seen Bitcoin didnt move a single digit for a couple or hours specially on preev.com where i do always check out
every now and then. I did make out some checks whether it is really that broken or site in maintenance but its not, which it did really give out that kind of stable price in a period of time.