NFT News Today TheBittimes.com

Bitcoin experienced wild market fluctuations this week after US President Donald Trump announced tariffs on 185 countries early this month. BTC fell to a low of $74,000 shedding nearly $13,000 in value as it entered April trading at $87,000 level. The leading cryptocurrency is hovering around the $$77,300 mark on Wednesday and is down more than 2% in the charts. Also Read: Pi Network Eyes $3 as Price Rebounds 28% Amid Token Unlock Buzz The brief rebound in price is attributed to a steady accumulation of Bitcoin from leading institutional investors, said Tracy Jin, Chief Operating Officer of the cryptocurrency exchange MEXC to Watcher Guru. Jin revealed that institutional investors are quietly buying the dips on BTC accumulating the asset at every market correction. BTC: Institutional Investors Are Buying Bitcoin at Dips Source: Watcher Guru Also Read: BlackRock Joins Forces With Anchorage to Secure Crypto Custody The strategic buying is the reason its price remained afloat as the Dow J...

Over the past 72 hours, Chainlink (LINK) has seen an uptick in whale activity, signaling a potential price surge for the token. The asset is up 27% in the past month, despite a 25% downturn in the last seven days. Recently, whales have withdrawn a massive 362,380 LINK, valued at approximately $8.19 million, from Binance, perhaps preparing for a price breakout, Chainlink’s current price action suggests that a shift in momentum could be on the horizon. The whale activity, combined with several bullish metrics, points to the possibility of a price rebound, especially if LINK can sustain its current $21 support level. Maintaining stability above this price could mean huge gains come the expected crypto surge of 2025. LINK to Boom in 2025 Following Last-Minute 2024 Whale Movements? In cryptocurrency, whale movements always create speculation about incoming price shifts. These shifts could be positive or negative, as whale movements could be buys or preparations to sell a crypto asset. For C...