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The 9 EMA line was looking to cross above the 20 EMA line on BTC’s 4-hour chart.
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+0.74%
1.9k
0
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They now have until June 1st to decide whether to raise the roof of the debt or be plunged into a devastating recession. Of course, it seems like a no-brainer but the Republicans and Democrats can’t agree on anything lately and there is a real danger disaster will strike. This is why we advise investing in the below cryptos instead.
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The chart shows the 7-day performance of Ethereum (ETH). You can see as we said above it briefly looked like the number two crypto was going to soar past $2k before it came crashing down again. The debt ceiling factor that is controlling the market at the moment refers to the United States basically running out of money.
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Bitcoin (BTC) has had a near identical few days having looked like it was on its way to $30k at one moment. So what does this mean for Ethereum and the market in general? Well, it might be better to avoid the bigger altcoins and instead look at options like Wall Street Memes ($WSM), AiDoge (Ai), Spongebob Token ($SPONGE), Ecoterra (ECOTERRA), yPredict (YPRED) DeeLance (DLANCE), and Launchpad XYZ (LPX). All of these are either going through presale or available at rock bottom which means they should be exempt from any damage the market may take if the debt ceiling decision goes wrong for the market. On the other hand, they should also see any positive growth if the debt ceiling is raised as most expect it to be.
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Pexels)Ethereums energy consumption plummeted after it moved to proof-of-stake in 2022.The Bitcoin Mining Council is led by Michael Saylor (BMC)There is a PlanB, however.
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VanWong)The Change the Code lobby group is using the Merge to lobby for changes to Bitcoin. (Change The Code) Read also Features Features Its probably just water vapor.
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