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Bitcoin has kept its bullish streak from last week. Now the question is whether it’ll keep going or give altcoins a moment in the spotlight.
The chaos caused by bank failures last week continues, but Bitcoin hasn’t let that faze it.
Silvergate’s struggles continue making ripples through the market, highlighting the difficulty in maintaining crypto-friendly banking services.
This week will hopefully provide more clarity for how the market will react to several near-term factors.
There are a few narratives that are setting this week up to be an eventful one.
The broad market is down due to the regulatory crackdown on BUSD
Select altcoins are supporting broad momentum right now, as BTC’s momentum waivers following a DXY bounce and ahead of the latest earnings report.
The market leader’s price action is cautious ahead of this week’s anticipated interest rate hike.
Bitcoin is starting to slow down after an eventful weekend. Will altcoins be next to shine?
They may not be ready to charge just yet, but here’s why you should be paying attention.
Weiss Ratings