Cryptocurrencies Price Prediction: Bitcoin, Sandbox & Polygon — Asian Wrap 30 March
Bitcoin Price Prediction: Why this analyst's prediction of BTC capitulation in April might be wrong
Bitcoin was created as a form of independent currency that would not have to depend on the traditional financial market to dictate its value. BTC deviated from the same a while ago as it followed the stock market's lead, but following the recent crashes, the cryptocurrency seems to be back on its own.
Sandbox whale moves $260m of SAND to new address on Day 2 of Metaverse Fashion Week
The Sandbox stands among the leading metaverse platforms, boasting commendable price performance in 2023, having risen almost 70% year-to-date. The metaverse project has also scored notable high-profile partnerships. However, investor sentiment appears to be turning sour as one whale has emptied its entire SAND wallet, valued at hundreds of millions of dollars, to a new address.
This is how bearish whales threaten MATIC’s bullish potential, is a 10% plunge underway?
Polygon MATIC price is trading with a bearish bias in lower timeframes, but bulls are leading in the higher timeframes. The network has recorded strong retail demand and market reaction following the Polygon zkEVM product launch, which is expected to enhance privacy and increase transaction throughput on the Ethereum-compatible network. However, on-chain data indicates that crypto whales need more convincing for a strong uptrend to hold.
Author
FXStreet Team
FXStreet
