Cryptocurrencies Price Prediction: Bitcoin, Meme Coin & Cryptos – American Wrap 12 March
|Bitcoin price extends rally to $73K amid “euphoric” market sentiment
Large wallet investors, known as whales, are transferring their meme coin holdings to centralized exchange wallets. Specifically, three meme coins, Shiba Inu (SHIB), PEPE, and Dogecoin (DOGE), have seen a spike in exchange transfers.
Typically, an increase in an asset’s supply on exchanges, accompanied by a price decline, is a bearish sign for the cryptocurrency.
Biden resurrects 30% crypto mining tax in new budget proposal
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