Ethereum (ETH) and Polygon (MATIC) Tumbles Today, While Bitgert (BRISE) Uptrends

by IndustryTrends December 8, 2022

This week has seen the crypto market post a decline, with most cryptocurrencies experiencing a significant increase in their selling pressure. Crypto experts have attributed this decline partly to the recent Federal Reserve minutes that show the next meeting might increase the interest rates to 0.5.

This news triggered a spike in withdrawals, where Ethereum (ETH), Polygon (MATIC), and other big players have been affected. As of this writing, Ethereum and Polygon were in the red for the past 24 hours, as well as the past 7 days.

Ethereum (ETH) was down 0.3% in the past 24 hours and had plummeted 3.7% in the past 7 days. On the other hand, Polygon (MATIC) had lost 0.2% in the last 24 hours of this writing and 1.6% in the past 7 days. That’s how bearish Ethereum (ETH) and Polygon (MATIC) have been in the market this week and today.

However, as Ethereum and Polygon tumble, Bitgert (BRISE) has been one of the coins that have been up-trending during this period. The coin has been bullish this week, with the past 7 days showing a 25.22% increase. This is when Ethereum (ETH) and Polygon (MATIC) have skidded deep into the red.

The Bitgert (BRISE) was also posting a surge this morning, with the charts showing a 5% increase in the past 24 hours. However, crypto analysts are still bullish about Bitgert this week, where the coin is projected to maintain an uptrend.

Why Bitgert (BRISE) Will Remain Bullish This Week

Bitgert coin posted a surge this morning, and crypto experts believe that the coin still has the potential to skyrocket in the next few days. The massive developments that the Bitgert team has delivered and is about to drop soon are the reason why the coin might do well in the market this week.

The launched Bitgert exchange is the major reason why BRISE has been exploding this week. The adoption of the exchange is expected to keep the coin exploding in the next few days. But there is so much that crypto experts believe will keep Bitgert bullish this week.

The launch of Paybrise in the next 48 hours of this writing is another reason Bitgert is upsurging this morning. In addition, the growing number of new partnerships is growing the number of new holders.

In conclusion, Bitgert (BRISE) is expected to withstand Fed effects this week better than Ethereum (ETH) and Polygon (MATIC). This is because its disruptive developments are convincing investors to keep holding and attracting new investors. That’s why Bitgert will remain bullish this week.