Bitcoin $105,662.15 price It fell to 105 thousand dollars again. Trump left the G7 summit early yesterday and tariff talks fell into imaginary water. Although the G7 offers a good opportunity for tariffs, the tension between Iran and Israel has not yet stopped, and the risk markets with the missiles that were fired at night have declined. Poppe listed his reasons, arguing that Algo was a good alternative in the middle of this chaos.
Can Algo Coin be taken?
Subcoins This negativity will continue unless the tension is reduced. But in the long run, we have seen that the decreases triggered by very large chaos environments became meaningless. For example, in November 2022, the world’s second largest crypto currency exchange defrauded its customers billions of dollars and today BTC It is far from the bottom of $ 15,000. 105 thousand dollars represented the pessimism today, while 2.5 years ago, $ 30 thousand represented the expected summit.
For the long -term subcoins, these decreases may offer investors the opportunity. So Poppe focused on Algo Coin and mentioned why it could be a good alternative.
“Algois preparing for the next rise. The network is one of the fastest blockchains in the ecosystem. Instant finalization. Why is this important? It is much easier to scaze operations and blockchain thanks to instant finalization. Imagine that you are waiting for payment in a store. If this payment is processed within 5 seconds instead of 1 second, how will your customer experience and the scalability of the store be? Therefore, definitely important if you want to be a global alternative for defi, payment processing and other scalability solutions in Blockchain. Algo succeeds. “
Bitcoin (BTC)
For the summer months, the fear of selling and going on vacation dominated, but this did not happen and we are moving to July. Crypto currency While investors have solved almost all the big problems within itself, they are now forced to struggle with tariffs and fear of war. So what will happen next? The crypto currency analyst named XO Plot wrote the following in his latest assessment;
“Did the spot prices rose yesterday? No. No. While the proposals continued to rise, a series of Short positions were closed and then the previous market sales were absorbed. Very aggressive market purchases were seen, compulsory purchases were made due to accumulated positions in the range of 108-109, but the continuation did not come and the spot buyers were not in the middle. Clean more. “
Daancrypto thinks we’re on the eve of a big break. One of the two points marked in the graph below within 1-2 weeks at the latest is broken and expects the acceleration to increase.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
