- Bitcoin might attempt a 16.92% increase while ETH could face resistance if its approaches $4,200
- CORE was overbought, suggesting that profit-taking might drag it down to $1.01.
- ORDI’s extension might be hindered by the struggling momentum the MACD displayed.
Bitcoin (BTC) reclaimed $70,000 in the early hours of March 31 after an earlier decline. Likewise, Ethereum (ETH), which dropped below $3,500, was able to find its way back to $3,614 at press time.
But those were not the only major moves in the market as BTC and ETH seemed to influence certain hikes. First on the list was Core (CORE), the native token of a Layer-1 blockchain built on Ethereum, and compatible with the Ethereum Virtual Machine (EVM).
As of this writing, CORE’s price was $1.61, representing an incredible 36.52% increase in the last 24 hours. The trading volume also increased by 180%, indicating that the price increase was not artificial.
For Bitcoin, its influence was seen in ORDI (ORDI), the BRC-20 token. At press time, ORDI’s value was $73.40, thanks to a 14.75% 24-hour increase. Here, Coin Edition analyzes how these cr…
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