According to crypto trader Peter Brandt, Bitcoin (BTC) is currently experiencing a downturn, with its price at $68,589. Brandt suggests that based on the trajectory of previous post-halving bull markets, Bitcoin could potentially peak between $130,000 to $150,000 in late August to early September.
Read MoreOver the last three months, there has been a noticeable increase in the number of large investors holding significant amounts of Ripple (XRP) tokens, according to on-chain data.
Read MoreAvalanche (AVAX) recently surpassed the upper boundary of a descending channel on May 13, leading to an approximately 10% increase in its price. Yet, indications from on-chain data hint at a potential downturn in demand for the altcoin throughout the past week.
Read MoreSeveral prominent cryptocurrency analysts have recently expressed bullish sentiments regarding Ethereum ($ETH), the second-largest cryptocurrency by market capitalization.
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