Bitcoin (BTC) Price Remains Stable at $64K on Halving Day (Weekend Watch)

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Bitcoin’s price faced extreme volatility in the days leading to the highly-anticipated fourth halving but has remained relatively still after its completion.

After another unsuccessful rebound attempt on Monday, the cryptocurrency started losing value during the business week as well. Israel’s attack against Iran from earlier this week brought another price decline for BTC, which tumbled below $60,000 this time. Its market capitalization is at over $1.250 trillion and its dominance over the alts is at 51.5% on CG.Perhaps the most notable news, aside from the halving, came from Tether and Ton yesterday. The formerthat it will launch two of its largest stablecoins on the latter’s network. This impacted TON’s price immediately, with a price surge but also with a massive decline in the hours after that. As of now, the asset is down by 12%.

 

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