It’s definitely an amazing week for the primary digital asset Bitcoin has within the week, it has been able to make about 9% increase rate putting it past the $20k mark as it’s market capitalization gradually eyes 1 trillion dollar. Meanwhile other alternative tokens has also benefited from this market price movement.
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Ethereum which is the second largest digital asset according to it’s market capitalization, saw a 14% increase in it’s market price putting it over $1k in trading market price. As Ethereum is preparing to enter another stage which is referred to as Ethereum 2.0 which happened last week, which the entire movement is to transition the protocol to proof of stake.
Reputable crypto analyst in the space has also predicted the second half of the year that it will be Favorable to the digital asset bitcoin, which i from the look of the current market situation it’s going along with what was been said in their publication. If you ask me, well I have never been certain about market pricing or bitcoin trying to attain a new all high.
Currently now bitcoin is selling above $21k with some little fractions, Ethereum also has been of great performance this week, can we categorically say that we are out of the bearish season or this is just a breather stating that we are in for a ride? Because both largest crypto asset hasn’t reach its bottom yet, but regardless I am pretty much optimistic about the bitcoin and how it’s going to run in coming weeks.
Also don’t forget in contributing to the pHBD-USDC pool, and from statistics it looks like we will be able to archive the set target in a few months, let’s do our own part in growing the pHBD-USDC liquidity and also take out time to participate in the Leo vault meter
Posted Using LeoFinance Beta