Market Wrap: Bitcoin Bounces to $54K as Ether Fees Drop Below Average in Past Week
Bitcoin’s recovery may spark momentum that should persist this week, said one trader.
Pessimistic news isn’t stopping the crypto spot markets from looking bullish Wednesday.
Bitcoin dipped below $36K and ether fell under $2.6K on Tesla CEO’s bearish tweets, wiping out some leveraged players in the market.
Here's a look at the promises of EIP 1559, expected for activation sometime next month.
Meanwhile, the cost of gas fees on the Ethereum network is near a three-month low.
Liquidations, China and even Elon Musk may be factors in markets falling.