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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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    • litecoinLitecoin (LTC) $ 100.16
    • wethWETH (WETH) $ 2,507.31
    • moneroMonero (XMR) $ 333.54
    • wrapped-eethWrapped eETH (WEETH) $ 2,675.35
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    • ethena-usdeEthena USDe (USDE) $ 1.00
    • whitebitWhiteBIT Coin (WBT) $ 30.09
    • uniswapUniswap (UNI) $ 6.92
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    • nearNEAR Protocol (NEAR) $ 3.14
    • aptosAptos (APT) $ 5.90
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    • aaveAave (AAVE) $ 220.52
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    • ondo-financeOndo (ONDO) $ 1.04
    • internet-computerInternet Computer (ICP) $ 5.79
    • kaspaKaspa (KAS) $ 0.117540
    • ethereum-classicEthereum Classic (ETC) $ 19.94
    • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
    • susdssUSDS (SUSDS) $ 1.05
    • crypto-com-chainCronos (CRO) $ 0.098684
    • bitcoinBitcoin (BTC) $ 103,946.00
    • ethereumEthereum (ETH) $ 2,507.90
    • tetherTether (USDT) $ 1.00
    • xrpXRP (XRP) $ 2.37
    • bnbBNB (BNB) $ 651.55
    • solanaSolana (SOL) $ 172.59
    • usd-coinUSDC (USDC) $ 0.999967
    • dogecoinDogecoin (DOGE) $ 0.232447
    • cardanoCardano (ADA) $ 0.806218
    • tronTRON (TRX) $ 0.265759
    • staked-etherLido Staked Ether (STETH) $ 2,506.40
    • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 103,789.00
    • suiSui (SUI) $ 4.01
    • chainlinkChainlink (LINK) $ 16.99
    • wrapped-stethWrapped stETH (WSTETH) $ 3,012.24
    • avalanche-2Avalanche (AVAX) $ 24.81
    • stellarStellar (XLM) $ 0.306872
    • shiba-inuShiba Inu (SHIB) $ 0.000016
    • hedera-hashgraphHedera (HBAR) $ 0.206161
    • the-open-networkToncoin (TON) $ 3.41
    • hyperliquidHyperliquid (HYPE) $ 25.01
    • bitcoin-cashBitcoin Cash (BCH) $ 408.61
    • pi-networkPi Network (PI) $ 1.13
    • usdsUSDS (USDS) $ 0.999918
    • polkadotPolkadot (DOT) $ 5.10
    • leo-tokenLEO Token (LEO) $ 8.35
    • litecoinLitecoin (LTC) $ 100.16
    • wethWETH (WETH) $ 2,507.31
    • moneroMonero (XMR) $ 333.54
    • wrapped-eethWrapped eETH (WEETH) $ 2,675.35
    • pepePepe (PEPE) $ 0.000014
    • bitget-tokenBitget Token (BGB) $ 4.87
    • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
    • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 103,938.00
    • ethena-usdeEthena USDe (USDE) $ 1.00
    • whitebitWhiteBIT Coin (WBT) $ 30.09
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    • bittensorBittensor (TAO) $ 454.74
    • nearNEAR Protocol (NEAR) $ 3.14
    • aptosAptos (APT) $ 5.90
    • daiDai (DAI) $ 0.999833
    • aaveAave (AAVE) $ 220.52
    • okbOKB (OKB) $ 55.07
    • ondo-financeOndo (ONDO) $ 1.04
    • internet-computerInternet Computer (ICP) $ 5.79
    • kaspaKaspa (KAS) $ 0.117540
    • ethereum-classicEthereum Classic (ETC) $ 19.94
    • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
    • susdssUSDS (SUSDS) $ 1.05
    • crypto-com-chainCronos (CRO) $ 0.098684