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Cryptocurrencies break the trend and rise up to 8% in a climate of great volatility

“Coming out of the $ 56,000 level was like pulling a heavy car out of the mud,” said Tasso Lago, cryptocurrency specialist and founder of Financial Move. According to the Bitcoin price trend chart, the challenge starts at $ 60,000 and may extend to $ 62,000, but the market remains optimistic about the next steps for the world of cryptocurrencies, especially after the update of Taproot.

For Helena Margarido, Monett’s cryptocurrency expert, Bitcoin is more than an investment in currency but in technology. “It just went through a massive update. The news put pressure on the price in recent days, but the efficiency gain was much greater, ”he commented.

The market for altcoins, the alternative currencies to bitcoin, is following the same uptrend today, particularly in the world’s top ten. Binance Coin (BNB) stands out, which is also skyrocketing, trading at $ 638.79. Recent changes in Binance influence the price of the third largest cryptocurrency in the world.

Source From: Ambito

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