Bitcoin Rises, BNB Gains, Big Eyes Coin Nears Launch
3 min read . Updated: 09 Feb 2023, 06:11 PM IST
PremiumHas cryptocurrency recovered at last? If market indicators are to be put into consideration, it appears that way. According to cryptocurrency market maker OrBit Markets, the amount of Bitcoin options traded on Deribit, recently increased by 82%, compared to December 2022
Has cryptocurrency recovered at last? If market indicators are to be put into consideration, it appears that way. According to cryptocurrency market maker OrBit Markets, the amount of Bitcoin options traded on Deribit, recently increased by 82%, compared to December 2022. The price of Ether options increased 38%.
Other tokens that make up the biggest cryptocurrency list have also had a number of positives in the early moments of 2023. However, despite the intermmittent rises, consistency has been somewhat difficult to come by.
Bitcoin: Back For Real?
After dropping down to $22,000 over the last weekend, the price of Bitcoin has risen above $23,000. This followed remarks made by Federal Reserve Chair Jerome Powell at an economics symposium in Washington, D.C., where he claimed that inflation is decreasing.
Coin Metrics reports that Bitcoin increased 1% to $23,236.80, $1,667.63 of Ether increased by 1.3%. Following a weekend decline below that threshold, Bitcoin found it difficult to hold the $23,000 level on Monday.
Although the process of bringing inflation down has begun, Powell stated during a question-and-answer session at the Economic Club of Washington, D.C. that it "has a long way to go" and that these are "the very early phases."
BNB Pulling The Right Strings
Binance Coin [BNB] has been on the upward trajectory for days now. BNB has even surpassed Ethereum [ETH], the king of altcoins, in terms of daily active addresses. As at the time of filing this report, BNB has grown by $6.92 in the last 7 days and 20.81% in the last month.
According to CoinMarketCap, BNB has more than 815,000 daily active users, while Ethereum and Polygon [MATIC] have stages of 344,000 and 277,000, respectively. In a related development, Binance, the operator of BNB, has come out to state that it will support victims of the Turkey earthquake with 100 dollars in BNB token, a move that has received applause from observer
Big Eyes Coin Nears Launch With Amazing Presale
Exciting new meme coin, Big Eyes Coin (BIG) has continued its fine performance at presale, raking in an incredible USD 24.5 million. BIG is a proof-of-stake cryptocurrency, which means it uses little energy. Additionally, it lessens its carbon footprint. It has also been touted as an emerging powerhouse in the industry. That’s not all, industry experts have also described it as one of the best cryptocurrencies to look out for in 2023.
Big Eyes Coin is also keen on charity, as it keeps 5% of its assets in a charity wallet that supports organisations that benefit the ocean. Soon, Big Eyes Coin will launch onto the retail market and will be available for trading. The cat-themed coin is presently in presale and has continued to demonstrate how much potential it holds to challenge the big names when it launches.
Always know that investing pays, and of course, investing early pays even better. Use the coupon code "LAUNCHBIGEYES200" to benefit from the Big Eyes Coin 200% bonus and get three times worth of your investment! Big Eyes is an investment that guarantees superior returns!
Find out more about Big Eyes Coin (BIG):
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
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