CRYPTO NEWS - Bitcoin in Small Correction | Ethereum Follows Play to Earn
CRYPTO NEWS - Bitcoin in Small Correction | Ethereum Follows Play to Earn
00:12 Intro
01:45 Crypto News
03:17 Bitcoin News
05:48 Crypto Marken News
07:15 Bitcoin in Small Correction
08:57 Outro
The main cryptocurrency is not doing well: at the weekend there was an attempt to recover Friday's losses, when BTC went down by almost 10%, but it seems that by Monday morning the buyers' strength was exhausted. If this hunch is correct, the BTC stock is unlikely to rise above $59.2K, while there is a higher probability of it falling below the recent low of $53.3K and moving towards $48.2K.
At the same time, the tokens of projects related to meta-universes continue to rise. The largest cryptocurrency fund Grayscale published a forecast, according to which the capitalization of the meta-industry should grow to $1 trillion in the next few years. The largest representatives of the direction are Decentraland (capitalization of $9 billion) and Sandbox ($7 billion). It is possible that metasites will become new market drivers, replacing decentralized finance projects and blockchain networks. However, one should invest in them with caution, because, as it usually happens, there is a huge number of "duds" on the market, created in the expectation of snatching a part of money allocated to the popular sphere. Therefore, you should connect only with projects behind which there are major players.
#bitcoin #btc #crypto
00:12 Intro
01:45 Crypto News
03:17 Bitcoin News
05:48 Crypto Marken News
07:15 Bitcoin in Small Correction
08:57 Outro
The main cryptocurrency is not doing well: at the weekend there was an attempt to recover Friday's losses, when BTC went down by almost 10%, but it seems that by Monday morning the buyers' strength was exhausted. If this hunch is correct, the BTC stock is unlikely to rise above $59.2K, while there is a higher probability of it falling below the recent low of $53.3K and moving towards $48.2K.
At the same time, the tokens of projects related to meta-universes continue to rise. The largest cryptocurrency fund Grayscale published a forecast, according to which the capitalization of the meta-industry should grow to $1 trillion in the next few years. The largest representatives of the direction are Decentraland (capitalization of $9 billion) and Sandbox ($7 billion). It is possible that metasites will become new market drivers, replacing decentralized finance projects and blockchain networks. However, one should invest in them with caution, because, as it usually happens, there is a huge number of "duds" on the market, created in the expectation of snatching a part of money allocated to the popular sphere. Therefore, you should connect only with projects behind which there are major players.
#bitcoin #btc #crypto
