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International Business Times
International Business Times
Business
Marvie Basilan

Bitcoin On The Way To $85K? Layer-2 Tokens Shine As BTC Adds $3K

Bitcoin Ash Crypto Bitwise
Bitcoin did not display significant changes in prices during the halving, but it appears the digital asset has finally started moving forward. (Credit: AFP)

KEY POINTS

  • Bitcoiners on X believe the digital asset is headed beyond $70,000 and even $85,000
  • BTC plummeted in the week leading to the halving due as markets reacted to the Middle East conflict
  • BTC layer-2 tokens have been performing well since the halving, rising by 11% in the last 24 hours

Bitcoin (BTC) has finally made a more significant move after going through stagnancy during the halving, as the world's largest cryptocurrency by market capitalization passed $67,000 on Monday.

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