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Trading Recommendations for the Cryptocurrency Market on May 6
Today, Bitcoin reached a monthly high,
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Today, Bitcoin reached a monthly high, surpassing $81,700, before retracing slightly. Ethereum reached $2,396 yesterday but has not returned to that level today.Despite Bitcoin's recent price bounce, which attracted investor attention and sparked a wave of optimism, data from the analytics firm Santiment indicates a concerning trend: activity on the BTC network has fallen to a two-year low. This discordant signal, where the price is rising while actual network usage stagnates, has historically been bearish, foreshadowing potential valuation declines.This activity
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Miroslaw Bawulski,
Analytical expert of InstaForex
© 2007-2026
Summary
Urgency
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Maxim Magdalinin
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