Despite the increase in network activity and hashrate, Dogecoin’s price has remained relatively unaffected, with the digital asset experiencing only a 2% gain in the past week and a 10% decrease in the last 30 days. #dogecoin
Usually, an increasing hash rate suggests that the number of miners on a network is rising. It can also measure the strength of blockchain health and security. #dogecoin
A Reddit account associated with the Wall Street Bets community recently resurfaced Cramer’s negative sentiment towards Nvidia, attaching a short video from a TV presentation where he explicitly recommended shorting the company.
In a surprising turn of events, Nvidia (NASDAQ:NVDA) has defied the pessimistic predictions of renowned financial commentator Jim Cramer, who also is a vocal critic of Bitcoin and cryptocurrencies. Cramer had advised investors to short Nvidia in September 2022, labeling the stock a loser.
Buying is not limited to Bitcoin (BTC) alone as select altcoins are also showing signs of a short-term up-move. However, sustaining the rally at higher levels may prove to be difficult for the bulls.
AGIX was still down by over 7% during the past month. During the course of the previous day, AGIX’s 24-hour trading volume experienced a 31% decrease, leaving it at around $124,516,057.
This positive performance by the altcoin had enabled it to strengthen against both Bitcoin (BTC) and Ethereum (ETH) by about 14.58% and 14.64% respectively.
SingularityNET (AGIX) made its way onto CoinMarketCap’s trending list after it experienced a price increase of more than 15% over the past 24 hours. This led to the crypto changing hands at $0.3116 at press time.
Data from Santiment shows that the second week of March 2023 saw modest levels of enthusiasm from traders as the price of Bitcoin (BTC) dipped slightly. This is a stark contrast to the most recent dip which saw the market leader’s price drop below $26K, resulting in low levels of enthusiasm from traders and investors.
Santiment tweeted this morning that traders are experiencing a common paradox where they eagerly purchase small dips in the short-term price changes in BTC but are hesitant to buy into larger dips over a longer period.