With the economic recession and the weakening of the USD. Bitcoin appears to be a safer asset as the price remains above 60,500 $ with escalating instability in the Middle East possibly causing oil prices to skyrocket. The market direction is a bit hesitant but does not reduce the purchasing power of cryptocurrencies. Whales are taking advantage of the opportunity to actively collect ALT coins from retail investors. Put your assets into BTC as soon as possible!
