#Opinion

🕯 Although #Bitcoin has fallen below $60,000 again, analysts from #Matrixport claim that the downward trend is over

Experts argue their position by noting that on June 25, #BTC had already reached a critically low level, and the Fear and Greed Index indicated a value after which prices typically begin to recover.

📈 Meanwhile, #StandardChartered predicts the value of digital gold to reach $100,000 closer to the US presidential election.
In their opinion, the price will respond to the prospects of Joe Biden participating in the election.

🌍 Weekly news #CryptoDigest:

🪙 BTC.D (Bitcoin Dominance over altcoins) — 57.35%
🧭 Fear and Greed Index — 25

🇺🇸 August 15 15:30 USD — Number of initial jobless claims. Forecast — 235k, previous value — 233k

📌 #Matrixport believes that a Bitcoin rally is inevitable after the release of U.S. inflation data

🕯 #Bitcoin is reducing volatility — this year, there have only been 25 days with significant price movement

🔷 Gas fees on the #Ethereum network are at an annual low

🪙 A critical vulnerability in the #Solana network has been fixed

🪙 #Ripple has begun testing its stablecoin — Ripple USD (#RLUSD)

🪙 #BTC reserves on exchanges have reached a 5-year low

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