Optimism price could suffer a correction as on-chain metrics turn bearish
Optimism, a low-cost Ethereum Layer 2 chain has offered nearly 4% daily and 65% weekly gains to holders.
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Optimism, a low-cost Ethereum Layer 2 chain has offered nearly 4% daily and 65% weekly gains to holders.
Bitcoin price sustained above $44,200 on Friday. The largest asset by market capitalization held on to its gains from the week as the market ushers in the report of likely Spot Bitcoin ETF approval by the SEC.
Cardano on-chain metrics signal the likelihood of a correction in ADA price as the altcoin’s holders engage in profit-taking.
Injective (INJ), the Artificial Intelligence (AI) finance blockchain, hit a new all-time high on Tuesday, with INJ price hitting $39.97.
Polygon (MATIC), the native token of the Polygon blockchain, broke below the $0.80 mark in the early Monday trading hours, extending the losses seen over the weekend.