Bitcoin (BTC) Price Pumps and Dumps Around $35,000: Triggering $100 Million in Liquidations

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After a few days of relatively low volatility, the price of the primary cryptocurrency has headed north once again, surpassing the coveted level of $35,000, before plunging down below it almost immediately.The price of bitcoin briefly exceeded $35,000 a few minutes ago , doubling down on the overall bullish sentiment that has reigned in the sector lately. The move was for not, however, as the price tumbled almost immediately after.

Multiple analysts, and even the AI-powered language model – ChatGPT, have suggested that such a move would have a positive impact on bitcoin’s valuation. Prominent figures have also laid out their BTC forecasts, with some envisioning a rise above the $100K milestone. Those curious to find out the top five recent predictions can watch the dedicated video below:Google’s Swift Move Towards Web3 Adoption: Advancements and ImplicationsSix Important Considerations for the Ethereum Price Going in Q4 2023

 

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