On March 8th, 2024, Bitcoin blasted to new all-time highs, breaking the $70,000 barrier for the first time in history!
This surge represents a major boost in Bitcoin’s value, which could have been partly spurred by increased activity within Spot Bitcoin ETFs and the optimistic outlook for potential interest rate cuts next month.
The much-anticipated Bitcoin Halving event, set for April 2024, creates further excitement for Bitcoin's path forward. Looking back, halvings have typically been an indicator of significant increases in Bitcoin's price, with investors and experts wondering what might come next for crypto. Yet, it's important to remember that Bitcoin's performance is influenced by multiple factors, from changes in market demand to broader economic trends.
Don’t miss out on this historic moment! With Bitcoin reaching all-time highs, investors have been more excited than ever. iTrustCapital, through its platform, offers investors round-the-clock opportunities to engage with cryptocurrencies like Bitcoin, all within a tax-advantaged crypto IRA. For those interested in exploring the possibilities of cryptocurrency investment, iTrustCapital invites you to sign up and start your journey today.
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This article is for information purposes only. It does not constitute investment advice in any way. It does not constitute an offer to sell or a solicitation of an offer to buy or sell any cryptocurrency or security or to participate in any investment strategy.
iTrustCapital is a cryptocurrency IRA software platform. It is not an exchange, funding portal, custodian, trust company, licensed broker, dealer, broker-dealer, investment advisor, investment manager, or adviser in the United States or elsewhere. iTrustCapital is not affiliated with and does not endorse any particular cryptocurrency, precious metal, or investment strategy.
Cryptocurrencies are a speculative investment with risk of loss. Precious metals are a speculative investment with risk of loss. Cryptocurrency is not legal tender backed by the United States government, nor is it subject to Federal Deposit Insurance Corporation (“FDIC”) insurance or protections. Clients do not receive a choice of custody partner. The self-directed purchase and sale of cryptocurrency through a cryptocurrency IRA have not been endorsed by the IRS or any regulatory agency. Historical performance is no guarantee of future results.
Some taxes and conditions may apply depending on the type of IRA account. Investors assume the risk of all purchase and sale decisions. iTrustCapital makes no guarantee or representation regarding investors’ ability to profit from any transaction or the tax implications of any transaction. iTrustCapital does not provide legal, investment or tax advice. Consult a qualified legal, investment, or tax professional.
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