Bitcoin Prices Remain Stagnant for the Week
There were minimal changes in the cryptocurrency market over the past week. Bitcoin prices were mostly stagnant and hovered between $26K and $27K with no clear direction. Other major cryptocurrencies such as Ethereum, Binance Coin, XRP, and Cardano also experienced minor movements, and the total market cap remained at $1.17 billion, according to CoinGecko.
Some interesting events happened outside of the market. OpenAI CEO, Sam Altman, successfully closed a $115 million fundraiser for Worldcoin, his crypto-focused project, which could lead to high-resolution retina scans. Terra ecosystem founder, Do Kwon, was denied bail following initial reports that the government of Montenegro was prepared to release him on bail worth over $400K.
There were also interesting conversations with ChatGPT, an AI language model, about Bitcoin’s future. When asked what could happen to Bitcoin’s price during and after the 2024 halving event, ChatGPT’s answer was intriguing.
While last week may have been uneventful for cryptocurrencies, it could simply be the calm before the storm. The crypto market does not remain stagnant for long, and investors should stay alert for any potential big moves that may be around the corner.
Market Data
– Market Cap: $1,170B | 24H Vol: $34B | BTC Dominance: 44.3%
– BTC: $26,807 (-0%) | ETH: $1,833 (+1.3%) | BNB: $307 (-0.7%)
Headlines You Don’t Want to Miss
– The 8 Events That Shocked the Crypto World
– Bitcoin’s 13th Pizza Day: Reflecting on the Transaction that Changed Crypto History
– $115M for Worldcoin Secured: ChatGPT, OpenAI CEO Closes Successful Fundraiser
– Terra Co-Founder Do Kwon Denied Bail By Montenegro Court
– ChatGPT Predicts What Will Happen With BTC’s Price During and After the 2024 Bitcoin Halving
– MATIC Addresses on Polygon Explode to 2-Year Highs: Data
Charts
For more in-depth insight into Ethereum, Ripple, Cardano, Tron, and Litecoin, check out the complete price analysis here.
About the author - J-S Tremblay
I've been involved in the cryptocurrency world since 2016 and trading since 2019. I started Moon and Lambo in 2021. I'm passionate about crypto and love to share my knowledge. I hate bankers and I hope that cryptocurrency will change the financial world for the better. View full profile...
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