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Nalezeno "market dynamics": 69

2023: The Year AI Cryptos Soared, Then Faltered

10.9.2023
At the outset of the year, artificial intelligence (AI) cryptocurrencies embarked on a rising journey, recording substantial gains and witnessing a surge in global trade activity. However, as we now traverse the course of time, the AI crypto landscape has undergone a significant downturn. According...

Bitcoin Price Prediction: BTC's 11% Drop Amid Market Dynamics and Key Events

18.8.2023
Amidst a volatile landscape, the cryptocurrency market has witnessed Bitcoin, currently trading at $26,423, experiencing a significant decrease of nearly 11% in the last seven days. This decline unfolds against the backdrop of notable events and developments that continue to shape the crypto...

Bitcoin Price Prediction: ETF Enthusiasm Fades as Market Dynamics Shift

10.7.2023
The price of Bitcoin is currently trading at $30,196, representing a drop of nearly %0.50 on Monday. After a period of excitement surrounding the potential approval of Bitcoin exchange-traded funds (ETFs), the market sentiment has shifted, leading to a decline in Bitcoin's price. Investors...

Exploring Crypto Whale Concentration: Unveiling the Rich Lists of the Top 10 Cryptocurrencies

22.6.2023
In the past ten years, a myriad of digital currencies have emerged alongside bitcoin, forming a cryptocurrency ecosystem now worth $1.2 trillion. Within this realm, enigmatic figures known as crypto whales have played a pivotal role in the distribution, trading, and accumulation of coins across...

Bitcoin Mining Gets Tougher as Network Difficulty Reaches New Peak

19.5.2023
On May 18, 2023, at block height 790,272, Bitcoin’s difficulty reached an all-time high after rising 3.22% on Thursday. The network’s difficulty is now at an impressive 49.55 trillion, or 0.90% away from 50 trillion hashes, making it the most difficult it has ever been to discover...

Post-SVB market dynamics show a shift in consumers

24.3.2023
SVB collapsed days after it was crowned one of the best banks in the United States of America. Attempts are underway to find a way for customers not to lose money. It was not a day’s work that exposed the delicacies of the US banking infrastructure but something that was months in the making....