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🔵 #Bitcoin (BTC) is trading at $52,000 mark, with the global market cap nearing $2 trillion.

🔵Other major #cryptocurrencies, including #Dogecoin (DOGE), #Ripple (XRP), and #Litecoin (LTC) are seen red across the board.

🔵 #Siacoin sees the largest increase, with a 24-hour jump of over 20%.

🔵 #Starknet becomes the biggest loser with a 24-hour dip of over 13%.

🔵 The global #cryptomarket cap is at $1.98 trillion, with a 24-hour increase of 0.18%.
Top #CryptoNews In Last 12 Hours

1️⃣ #Circle discontinues minting #USDC on Tron network to maintain trust, urges users to transfer holdings elsewhere.

2️⃣ Japanese #GameFi community seeks Liberal Democratic Party's help to address liquidity issues caused by strict #crypto #regulations.

3️⃣ #MicroStrategy's Michael Saylor plans to perpetually buy Bitcoin, deeming it superior to gold, real estate, predicting capital shift & has no plans to sell #Bitcoin holdings.

4️⃣ #Binance imposes USDT price cap in Nigeria to comply with local regulations, prompting traders to seek alternatives.

5️⃣ Japan's Financial Services Agency clarifies stance on #P2P crypto transfers, urging banks to prevent sender-receiver name discrepancies to curb fraud, emphasizing investor protection.
🚨 Be Alert🚨

#CryptoNews #crypto #FED #FOMC

Today, the Federal Reserve's FOMC meeting minutes are due to be released at 7:00 PM UTC. There's been a lot of volatility in the #cryptomarkets lately.

#Ethereum, a popular #cryptocurrency, has surpassed the $3,000 mark, marking a significant milestone not seen since May 2022.

Unexpectedly high inflation data for January could potentially delay plans for the Fed to ease monetary policies. Some analysts anticipate the possibility of interest rate cuts by July in response to these developments.
Bitcoin price predictions for 2024 from various financial experts.

Optimistic forecasts come from Tim Drapper at $250,000 and Cathie Wood at a striking $1,000,000, suggesting a strong belief in Bitcoin's potential.

More conservative estimates from J.P.Morgan and Arthur Hayes hover around $45,000 to $70,000, indicating caution amidst the currency's notorious volatility.

These divergent views highlight the speculative nature of cryptocurrency markets.



#Bitcoin #BTC #Price #Prediction #Coinpedia #Cryptocurrency