Bitcoin Soars Past $70K: Kiyosaki Predicts $100K Amid NFT Surge and DOGE Rally
March 26, 2024Bitcoin's price has surged past $70,000, with predictions of reaching $100,000 by the end of 2024, notably supported by 'Rich Dad, Poor Dad' author Robert Kiyosaki.
Kiyosaki is bolstering his Bitcoin position by planning to purchase an additional 10 BTC before the anticipated halving event in April.
Market optimism is high with the Fear & Greed Index at 75, indicating a bullish sentiment among investors.
The NFT market is experiencing a significant uptick, with Bitcoin NFT sales volume up 45% to $15 million, while Ethereum, Solana, and Polygon-based NFTs also report considerable trading growth.
Dogecoin has rallied by 42% over the past week, though technical indicators suggest a potential upcoming correction that could lead to a 26% price drop.
The London Stock Exchange is set to introduce Bitcoin and Ethereum exchange-traded notes by May 28, exclusively for professional investors.
A new cryptocurrency, Green Bitcoin, has entered early access presale with over $9 million raised, and its contract has been audited by Coinsult.
The impending Bitcoin halving is expected to drive market prices up, with a reduced Bitcoin supply and possible increase in demand.
Investors are encouraged to seek expert insights and conduct thorough research before engaging in cryptocurrency and NFT investments.
Summary based on 87 sources
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Sources
Forbes • Mar 26, 2024
London Opens Door To Crypto Securities TradingForbes • Mar 25, 2024
Bitcoin Tops $70,000—But Is This Rebound Here To Stay?crypto.news • Mar 26, 2024
Memecoins thrive as BTC wobbles; AI altcoin aims to exceed Quantnews.com.au — Australia’s leading news site • Mar 26, 2024
Crypto on the verge of skyrocketing