69,000 Bitcoins to be sold, will Bitcoin fall to $70,000?
Crypto market, BTC, 69,000 coins to be sold, risk aversion surges, Bitcoin may fall to $70,000? Golden Finance, the clock of 2025 rings, but the market seems to have entered garbage time.

Crypto market, BTC, 69,000 coins to be sold, risk aversion surges, Bitcoin may fall to $70,000? Golden Finance, the clock of 2025 rings, but the market seems to have entered garbage time.
What are the driving factors of the current crypto market? How long will it take for BTC to reach the $100,000 mark?
May 22 is "Bitcoin Pizza Day," commemorating the historic event in 2010 when 10,000 bitcoins were used to purchase two Papa John's pizzas. From $41 worth of pizza to $700 million in wealth, Bitcoin's price surge over the past 15 years has proven it to be the best-performing financial asset in history.
Bitcoin is an ultra-secure asset. As an ultra-safe asset, Bitcoin’s supply curve is closer to the inelastic level (S0) than every other known commodity and monetary good!
Bitcoin surged to $64,267, marking a new yearly high, fueled by institutional interest and ETF approvals. Ethereum followed suit, surpassing $3,500 amid optimism surrounding DeFi and Ethereum 2.0. Increased trading volume and institutional interest further bolstered market sentiment, impacting altcoins as well.
Bitcoin's price has been soaring since its launch in 2008. Early investors are now reaping returns in the millions of dollars. Nevertheless, its volatility and regulatory uncertainty remain significant risks for investors.
MATIC, the native cryptocurrency of Polygon, has recently gained traction, showing a 50% increase in price surge in the last 20 days, amid the optimistic trend circling the cryptocurrency market due to the recently finished Uptober rally.
One filing also alleged that Bahamian regulators asked Sam Bankman-Fried to gain unauthorized access to funds.
The U.S. dollar currency index breaks through resistance to hit its highest level since 2002 — to the detriment of practically everything.