Cryptocurrency markets hold support exceptionally well this Friday as Bitcoin hovers at the $30k level and Ethereum manages to keep the $2k support line. Last night, Bitcoin rallied from $28k to a high of $30.1k as the global and US market sentiment is starting to stabilize. Many wonder whether the LUNA and UST debacle added additional uncertainty to BTC and ETH’s prices as traders saw the potential downside of cryptocurrencies and, more specifically, algorithmic stablecoins. Let’s look at the markets and see what the future holds for Bitcoin and whether the price could show a significant rally as early as
The post Is a Bitcoin Price Rally Around the Corner? appeared first on The Merkle News.
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