Bitcoin's Rollercoaster Ride: From All-Time High to Struggle at $69K
Bitcoin struggles to surpass $69,000 after reaching a new all-time high, with Grayscale's selling of coins and uncertainty about the impact of the upcoming halving contributing to the drop. Ethereum also faces a 10% decrease in value, while meme coins like Pepe, Dogwifhat, and Bonk experience significant losses. Despite the current market pessimism, some analysts remain confident in the long-term prospects of Bitcoin and Ethereum, with forecasts of $90,000 for Bitcoin by the end of the year and $8,000 for Ethereum by the end of this year, and $14,000 by the end of 2025.
