š§Over the next 50-100 days, BTC may show a large increase in price.
ā¢This surge will correspond to the cycles of price changes after halving, which happens every four years.
ā¢Previous Bitcoin halvings caused a rise to new historical highs a few months after the supply was reduced and new coins were issued.
āļøThis year there is no reason to believe that the situation will not repeat itself.
š”After the US Securities and Exchange Commission (SEC) approved Bitcoin-based exchange traded funds (ETFs) in January 2024, BTC reached a new historical the maximum was at the level of $73,750.
ā¢After halving, the cryptocurrency did not show any significant results, however, they can be achieved in the last quarter year. Over the past seven days, Bitcoin has fallen by 8.5%, and over the past 30 days ā by 10.47%.
ā¢Relative to its historical maximum, BTC lost 20.13%, and its maximum in August reached $65 593.24.
Top 15 Blockchains by Revenue in August
Tron $60.9M
Ethereum $34.8M
Solana $15.8M
Base $2.45M
Arbitrum $2.02M
Injective $1.54M
BNB Chain $1.23M
TON $1.19M
OP Mainnet $907K
Avalanche $743K
Blast $435K
Linea $375K
Scroll $362K
Mantle $314K
Polygon $158K
Top 10 Launchpads by Raised Amounts in August
DAO Maker $2.46M
Kommunitas $910K
Seedify $850K
Gate.io Startup $838K
Spores Network $700K
Poolz Finance $500K
KingdomStarter $430K
IXIR $400K
TrustSwap $270K
Ape Terminal $250K
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