Bitcoin price awaits trigger, as it hovers between $43,000 and $45,000. Whale transactions on the network exceeding $1 million hit a peak over the past three days, fueling a bullish outlook among investors.
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Sentiment turns as the U.S. looks to regulate cryptos
Cryptocurrencies are facing some headwinds – whilst they have enjoyed more inflows of late as both Ukrainian and Russian inhabitants reverted to cryptocurrencies as an alternative means of payment to avoid sanctions – there are signs this loophole will soon be closed. During Biden’s State of the Union speech the president asked for a crackdown on cryptocurrencies to close the escape route for wealthy Russians. FED chair Powell added fuel to the fire by saying that he would welcome further regulation to monitor and control cryptocurrencies better. The result is that these comments have triggered some nervousness in all significant cryptocurrency pairs.
Axie Infinity weakens, AXS at risk of returning to $45
A brief technical and on-chain analysis on Axie Infinity price. Here, FXStreet’s analysts evaluate where AXS could be heading next. Please, subscribe to our YouTube channel, follow us on Twitter @FXScrypto and join our Telegram channel.