5 Things to Know in Crypto This Week: The Halving, the Fed, and the Center East
Politics tamfitronics Bitcoin Halving Countdown 20/04/24Geopolitical tensions in the Center East and a less dovish Fed overshadowed the lead-up to the Halving tournament.Between BTC, Geopolitical Tensions, and the Fed PivotBTCfaced a 3rd consecutive weekly loss on Saturday. From Monday (April 15 to Saturday (April 20), BTC used to be down 3.08% to $63,981. Significantly, BTC fell to a Friday low of $59,691 before temporarily retaking the $65,000 contend with.Intensifying geopolitical tensions in the Center East fueled a flight to security, impacting BTC and the broader crypto market.On Friday (April 19), reports of Israel firing a missile at Iran sent BTC to sub-$60,000. On the exchange hand, BTC reversed the losses after Iran downplayed the attack. Nonetheless, the specter of an escalation in the Center East warfare lingered going into the weekend.The decline in investor confidence...
