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Why Did Bitcoin’s BTC Price Hold Above $27K Over the Weekend? Two Analysts Expect Continued Resilience

Altszn.com by Altszn.com
June 5, 2023
in Bitcoin
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Why Did Bitcoin’s BTC Price Hold Above $27K Over the Weekend? Two Analysts Expect Continued Resilience
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Connors writes that despite 2023’s focus on Bitcoin’s increased dominance and surging fees amid a challenging U.S regulatory environment, Ethereum’s post-merge performance, including an unexpected non-impact of staking ‘unlock,’ increased staking demand, and realized deflationary promise with over 250k ETH ‘burned,’ is garnering market attention.



Read More: www.coindesk.com

Tags: 27KAnalystsBitcoinbitcoinsBTCContinuedexpectHoldPriceresilienceWeekend
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    • bitcoinBitcoin (BTC) $ 104,878.00
    • ethereumEthereum (ETH) $ 2,542.82
    • tetherTether (USDT) $ 1.00
    • xrpXRP (XRP) $ 2.19
    • bnbBNB (BNB) $ 660.55
    • solanaSolana (SOL) $ 157.72
    • usd-coinUSDC (USDC) $ 0.999809
    • dogecoinDogecoin (DOGE) $ 0.194711
    • tronTRON (TRX) $ 0.265786
    • cardanoCardano (ADA) $ 0.691284
    • staked-etherLido Staked Ether (STETH) $ 2,540.03
    • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 104,864.00
    • hyperliquidHyperliquid (HYPE) $ 33.25
    • suiSui (SUI) $ 3.28
    • wrapped-stethWrapped stETH (WSTETH) $ 3,063.62
    • chainlinkChainlink (LINK) $ 14.13
    • avalanche-2Avalanche (AVAX) $ 20.94
    • bitcoin-cashBitcoin Cash (BCH) $ 416.60
    • stellarStellar (XLM) $ 0.265782
    • leo-tokenLEO Token (LEO) $ 8.62
    • the-open-networkToncoin (TON) $ 3.14
    • shiba-inuShiba Inu (SHIB) $ 0.000013
    • usdsUSDS (USDS) $ 0.999765
    • hedera-hashgraphHedera (HBAR) $ 0.168051
    • wethWETH (WETH) $ 2,542.53
    • litecoinLitecoin (LTC) $ 87.78
    • wrapped-eethWrapped eETH (WEETH) $ 2,716.66
    • polkadotPolkadot (DOT) $ 4.10
    • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
    • moneroMonero (XMR) $ 322.77
    • bitget-tokenBitget Token (BGB) $ 4.74
    • ethena-usdeEthena USDe (USDE) $ 1.00
    • pepePepe (PEPE) $ 0.000012
    • pi-networkPi Network (PI) $ 0.664324
    • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 104,892.00
    • whitebitWhiteBIT Coin (WBT) $ 31.31
    • daiDai (DAI) $ 1.00
    • aaveAave (AAVE) $ 252.67
    • bittensorBittensor (TAO) $ 432.03
    • uniswapUniswap (UNI) $ 6.14
    • crypto-com-chainCronos (CRO) $ 0.106807
    • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
    • okbOKB (OKB) $ 50.58
    • aptosAptos (APT) $ 4.78
    • jito-staked-solJito Staked SOL (JITOSOL) $ 190.26
    • nearNEAR Protocol (NEAR) $ 2.43
    • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
    • tokenize-xchangeTokenize Xchange (TKX) $ 33.21
    • ondo-financeOndo (ONDO) $ 0.838801
    • internet-computerInternet Computer (ICP) $ 4.92
    • bitcoinBitcoin (BTC) $ 104,878.00
    • ethereumEthereum (ETH) $ 2,542.82
    • tetherTether (USDT) $ 1.00
    • xrpXRP (XRP) $ 2.19
    • bnbBNB (BNB) $ 660.55
    • solanaSolana (SOL) $ 157.72
    • usd-coinUSDC (USDC) $ 0.999809
    • dogecoinDogecoin (DOGE) $ 0.194711
    • tronTRON (TRX) $ 0.265786
    • cardanoCardano (ADA) $ 0.691284
    • staked-etherLido Staked Ether (STETH) $ 2,540.03
    • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 104,864.00
    • hyperliquidHyperliquid (HYPE) $ 33.25
    • suiSui (SUI) $ 3.28
    • wrapped-stethWrapped stETH (WSTETH) $ 3,063.62
    • chainlinkChainlink (LINK) $ 14.13
    • avalanche-2Avalanche (AVAX) $ 20.94
    • bitcoin-cashBitcoin Cash (BCH) $ 416.60
    • stellarStellar (XLM) $ 0.265782
    • leo-tokenLEO Token (LEO) $ 8.62
    • the-open-networkToncoin (TON) $ 3.14
    • shiba-inuShiba Inu (SHIB) $ 0.000013
    • usdsUSDS (USDS) $ 0.999765
    • hedera-hashgraphHedera (HBAR) $ 0.168051
    • wethWETH (WETH) $ 2,542.53
    • litecoinLitecoin (LTC) $ 87.78
    • wrapped-eethWrapped eETH (WEETH) $ 2,716.66
    • polkadotPolkadot (DOT) $ 4.10
    • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
    • moneroMonero (XMR) $ 322.77
    • bitget-tokenBitget Token (BGB) $ 4.74
    • ethena-usdeEthena USDe (USDE) $ 1.00
    • pepePepe (PEPE) $ 0.000012
    • pi-networkPi Network (PI) $ 0.664324
    • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 104,892.00
    • whitebitWhiteBIT Coin (WBT) $ 31.31
    • daiDai (DAI) $ 1.00
    • aaveAave (AAVE) $ 252.67
    • bittensorBittensor (TAO) $ 432.03
    • uniswapUniswap (UNI) $ 6.14
    • crypto-com-chainCronos (CRO) $ 0.106807
    • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
    • okbOKB (OKB) $ 50.58
    • aptosAptos (APT) $ 4.78
    • jito-staked-solJito Staked SOL (JITOSOL) $ 190.26
    • nearNEAR Protocol (NEAR) $ 2.43
    • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
    • tokenize-xchangeTokenize Xchange (TKX) $ 33.21
    • ondo-financeOndo (ONDO) $ 0.838801
    • internet-computerInternet Computer (ICP) $ 4.92