Traders expect altcoins to move higher now that Bitcoin price finally pierced the $41,000 resistance.
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Traders expect altcoins to move higher now that Bitcoin price finally pierced the $41,000 resistance.
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Bitcoin’s defense of the $38,000 level and renewed interest from institutional investors could be a sign that the bull trend is resuming.
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Traders are hopeful that Bitcoin’s bounce from $29,000 to $40,000 and the strong rally seen in altcoins is a signal that the bull market has resumed.
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Bitcoin and most major altcoins are meeting resistance at higher levels but the bearish sentiment of the last two months seems to be reducing.
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Karura Swap has opened trading for the Kusama/Karura — KSM/KAR — pair as the platform becomes one of the first DEXes to launch on Polkadot and Kusama.
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The strong recovery in Bitcoin and altcoins shows there is aggressive buying at lower levels but bears are unlikely to give up without a fight.
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Analysts and traders prepare for the worst after Bitcoin price broke below $31,000 and triggered a sell-off in major altcoins.
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Interlay’s mission is to bring its interBTC product to all major blockchains, including Polkadot, Ethereum and Cosmos, according to founder and CEO Alexei Zamyatin.
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