Crypto Coinfessions ✖️

Bitcoin dominance jumps to its highest point in almost two years. The bitcoin dominance is 47.6%. - link

This weekend #Bitcoin Ordinals inscriptions crossed 1 million, generating over $4.8 million in tx fees for the network. - link

Bitcoin price has finally broken through the $30,000 level after the key price zone lasted as a ten-month resistance level. BTC price rose 6.5% on April 10, and the long-awaited rally ended a harrowing 12-day period of extremely low volatility, in which the price hovered around $28,200. Bulls are now confident that the bear market is officially over, especially considering the fact that the BTC price has gained 82% year to date. Read more and earn crypto for free

Uncertainty around the upgrade has fed volatility and had a moderate impact on derivatives markets, with #ETH open interest increasing by $400mn since the start of April. However, #BTC continues to dominate market headlines, with open interest rising faster than ETH yesterday. - link

#Bitcoin price liquidations hit $50 million as BTC crosses $30,000 for the first time in ten months. - link

Around 51% of all staked #ETH #etherum was locked up at prices higher than they are today, which diminishes the risk of ETH selling to meet tax liabilities. link

ANALYSIS: CryptoQuant theorizes that #BTC #bitcoin could reach $100,000 by 2024. - link

For now it is good to wait for Bitcoin to exceed $30,000 to define a good entry. It is also convenient to wait for the monthly closing. There is divergence between the times of roe deer, medium and long term. That makes it difficult to define a secure input.

NYDIG: #Bitcoin price skyrockets 71.9% aurpassing all other assets, Correlation w/US equities declines. link

ANALYSIS: Top-10 #cryptocurrencies by social activity, according to #Cryptorank. - link

Polygon NFT marketplaces observe no growth despite network adoption rising by 337% - link

Is #Bitcoin still good value? Below the 2 Year Moving Average, it is typically considered undervalued by the market. It is currently at $34,721, with price at $28,332. - link

Top Ordinal #NFT Collections by trading volume

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