Bitcoin @ $44,421.25, Ethereum @ $3,109.27, Ripple @ $0.82, Solana @ $99 and APE @ $12.88. Altcoins largely not reacting bullish to Bitcoin's rise above $40k and with ETH gas fees at a remarkable 30. I'd say market sentiment is cool and NFT trade has been stifled in the near term to long term on OpenSea. Solana needs to retract to above $150 for NFT bullishness to return and gas fees on ETH to 3-4x higher. In the meantime, it seems wise not to overinvest and wait until Bitcoin and alts move in unison toward that 52k range, and an overturn of negative sentiments/uncertainties geopolitically and relating to Fed regulations, CBDC announcement pending later this year. The only really exciting part of the week in NFT-related crypto seems to have been $APE. While it paid off for BAYC/MAYC owners, ape's hype appears to have fizzled and no breakthrough to $25+ range occurred. Maybe it will change in next 6 months? #recap #opinion #bitcoin #ethereum #ripple #solana #ape
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