High 5 cryptocurrencies to look at this week: BTC, ADA, XLM, XMR, MANA
The bears try to increase Bitcoin’s (BTC) file of 9 consecutive purple weekly candles to 10 weeks, however the bulls try to avert this damaging prevalence. Though sentiment stays damaging, Arthur Hayes, former CEO of derivatives big BitMEX, anticipates to backside out within the vary of $25,000 to $27,000.
On-chain information from Glassnode exhibits that sensible cash could have began accumulating Bitcoin. The internet outflows from main cryptocurrency exchanges reached 23,286 Bitcoin on June 3, the best since Might 14.
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