Bitcoin price recovery rally finds new fuel, but will it hold?
Bitcoin price is starting to pull market sentiment from the ashes. Nonetheless, investors should approach peer-to-peer digital currency with a cautious approach to dollar cost averaging, as bearish unpredictability is always a factor.
Billionaire Backs Meme Coin, Triggering Shiba Inu Price Rise
Elon Musk has continued to voice his support for Shiba-Inu themed cryptocurrencies despite the recent lawsuit filed against him and his companies, Tesla and SpaceX. The price of the Shiba Inu started an upward trend, recovering from the meme coin’s price crash.
Top Five Coins to Explode as the Market Falls
While the current market meltdown has had its triggers dating back to the unpegging of the UST stablecoin from Terra and the Fed’s actions in the face of rising inflation, Bitcoin (BTC), Ethereum (ETH) and the majority of altcoins have taken a massive blow in response. While BTC fell 5.91% to $21,238 last week, ETH fell 4.95% to $1,160. While the losses are likely global, there are altcoins that have maintained relative growth over the past week as the slump intensified. This article reviews these tokens which include STEPN (GMT), Synthetic (SNX), Solana (SOL), Chainlink (LINK) and Choise.com (CHO).