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🤔 When will #Bitcoin exceed its $73.7K #AllTimeHigh that occurred back on March 14th?
#Bitcoin
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💧 #LiquidStaking assets have benefited from a nice mini run this weekend. Of the 17 key assets that we track for this sector, the market caps have increased by a combined +5.0% despite choppy market conditions. $LDO (5.2%) and $RETH (+5.9%) lead the way. https://t.co/L6siGQre5o
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🤑 #Ethereum's average fee level has dipped to just $1.12 per network transaction, the lowest average cost in a day since October 18th. Traders historically move between sentimental cycles of feeling that #crypto is going "To the Moon" or feeling that "It Is Dead", which can be observed through transaction fees. These fees will tend to peak (and sometimes diverge) around price tops, and go back to its resting state around price bottoms. With markets mainly retracing over the past 6 weeks, the lack of demand and strain on the network may help turn $ETH and associated #altcoins around sooner than many may expect. Track this @santimentfeed link to see how fees are looking on a daily basis here: https://app.santiment.net/s/BUiROHq2?utm_source=twitter&utm_medium=post&utm_campaign=twitter_eth_fees_burnt_usd_b_042824/&fpr=twitter Grab a free Sanbase PRO trial here to enjoy all of the wonderful #onchain and social metrics available on the platform, and see what others in #cryptocurrency can't here: https://app.santiment.net/pricing?utm_source=twitter&utm_medium=post&utm_campaign=twitter_pricing_eth_fees_burnt_usd_b_042824/&fpr=twitter
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📊 The total amount of non-empty #Bitcoin wallets are rapidly growing despite choppy prices. #Altcoin wallets for assets like #Dogecoin have flattened after enormous rises earlier this year. #Cardano is one of the few networks to see active wallets drop. https://t.co/itg9qMes7c
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😨 #Bitcoin's price dropping as low as $63.4K has #crypto traders spooked, as #buy calls across social media are low and #sell calls are peeking in at an increased rate. When this level of #FUD begins to sneak in, market recovery probabilities increase. https://t.co/3ts7I1o5Gg
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The @santimentfeed platform is currently experiencing an #ERC20 stacks data outage. Metric lag is currently 20+ hours from #realtime. Our team is diligently working on a fix. We expect to have metrics restored to full functionality by 6am UTC. Thank you for your understanding. 🙏
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