);)
Cryptocurrency expert Timothy Peterson shared on his X account on the 23rd that comparing the current Bitcoin (BTC) decline to past Bitcoin market downturn patterns, Bitcoin will not fall below $80,000 when considering its basic adoption rate and graph trends. He stated that this Bitcoin decline will last about 90 days from the starting point, continue until April 15 (30 days from now), and then rebound.
2. Polymarket Bets 87% on XRP Spot ETF Launch This Year
The US betting site Polymarket recently estimated the possibility of launching an XRP spot ETF at approximately 87%, citing the SEC's withdrawal of its appeal against XRP. As of the 23rd, the betting rate for XRP spot ETF approval this year on Polymarket was around 87%.
3. UAE Records World's Highest Cryptocurrency Adoption Rate
The cryptocurrency trading platform Atomos released a report on the 23rd, setting the United Arab Emirates' (UAE) cryptocurrency adoption rate at 98.4 points, stating that the UAE has the highest cryptocurrency adoption rate globally. Atomos' report claimed that the UAE is restructuring its financial system through cryptocurrency and recording the highest public cryptocurrency adoption rate.
4. Foreign Media: "Bitcoin Must Close at $85,000 to Avoid Falling to $76,000"
Cryptocurrency specialized media Cointelegraph reported on the 24th, based on analyses from multiple experts, that Bitcoin must close at $85,000 this week to avoid falling to $76,000.
Reporter Kwon Seung-won ksw@blockstreet.co.kr
