Markets – Page 468

The big $60K hodl is on: 5 things to watch in Bitcoin this week

No signs of selling as miners hoard their earnings and institutions keep piling into the latest Bitcoin exposure products to hit the market.

The bullish price action from ETH, BNB, DOT and EOS show that altcoins have capitalized on Bitcoin’s range-bound trading below the $60,000 level.

Blockchain projects focused on optimizing the energy sector are gaining traction as greater emphasis is placed on conservation and efficiency.

Oracle tokens gain traction as cross-chain interoperability and new developments in the DeFi sector lure investors away from Bitcoin and NFTs.

Bitcoin is relatively small compared to stocks and real estate, and those holders might reinvest dividends in other assets.

Ethereum price recently made a strong move above $2,000 and derivatives data suggests bulls are preparing to push ETH price higher.