The price of Bitcoin may not have moved much in the past 24 hours, but many leveraged positions were liquidated as some traders warn that worse is yet to come. However, more investors are using BTC to hedge against the U.S. economy, which some analysts believe could mean the $70,000 price level is secured. Elsewhere in crypto, data suggests Ripple’s XRP token is gearing up for a bull run of its own, technical charts indicate a massive altseason could be imminent, and Worldcoin is seeing growing adoption as its community funds goat purchases for a Kenyan user.

Further reading:

• Bitcoin no longer in ‘easy mode’ — Expect a leverage wipeout, observers warn
• Bitcoin derivatives metrics suggest $70K is here to stay
• Why XRP price might jump 70% vs. BTC after the Bitcoin halving
• Technical charts suggest a roaring altseason may be just ahead: Analysts
• Worldcoin reaches 10M users, 70M transactions and at least 13 goats bought

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