Bitcoin, Ethereum Take A Breather While Dogecoin Spike Pushes Crypto Market Cap Above $2.6 Trillion — Analyst Sees BTC Hitting $80K Before Next Halving
Benzinga
Published Mar 28, 2024 04:23
Updated Mar 28, 2024 05:40
Bitcoin, Ethereum Take A Breather While Dogecoin Spike Pushes Crypto Market Cap Above $2.6 Trillion — Analyst Sees BTC Hitting $80K Before Next Halving
Benzinga - by Mehab Qureshi, Benzinga Staff Writer.
Major cryptocurrencies traded mixed on Wednesday evening as Bitcoin’s momentum slowed and it experienced a small price correction.
| Cryptocurrency | Gains +/- | Price (Recorded 12:00 a.m. EDT) |
| Bitcoin (CRYPTO: BTC) | -1.94% | $69,229 |
| Ethereum (CRYPTO: ETH) | -3.64% | $3,486 |
| Dogecoin (CRYPTO: DOGE) | +5.87% | $0.19 |
What Happened: Over $9.4 billion worth of Bitcoin options are scheduled to expire on the Deribit cryptocurrency exchange on March 29. This indicates a potential maximum pain price of $50,000, according to data shared by Unfolded in a March 27 X post.
Read Next: Jim Cramer Advises Against Using Binance, Provokes Strong Reactions From Twitter Users
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