In recent days, analysts have recorded a sharp decline in the activity of "whales" of #Bitcoin holders According to the Santiment team, the number of transactions for amounts equivalent to $100,000 or more has decreased to an annual minimum. Approximately the same situation is observed in the #Ethereum network. Researchers agree that most of the largest investors have now adopted a wait-and-see strategy and in the coming days, one should not expect sharp changes in the value of #BTC and #ETH. BTC last night jumped to $41,691 on some trading platforms. The rebound occurred after the Fed raised the discount rate for the first time since 2018. However, the coin could not hold its position and on Thursday morning, March 17, it fell to $40,790. Ether (ETH) and #Binance Coin (#BNB) are trading at $2,764 and $384, respectively. #XRP, #Cardano (#ADA) and #Solana (#SOL) strengthened to $0.7903, $0.848 and $87.14 during Asian trading. According to the forecasts of LMAX Digital #exchange strategist Joel Kruger, the Fed rate hike will inevitably hit the stock markets. Capital will come out of risky assets, in this situation cryptocurrencies will also suffer. Therefore, it is unlikely that bitcoin will be able to jump to $45,000 in the current cycle.
No comments yet