The capitalization of the cryptocurrency sector dropped by 2.6% on Wednesday, while the decision of the United States (United States) and the trade commission (SEC) to delay XRP ETF reviews until June triggered cascade sales on the main Altcoin markets.
Bitcoin (BTC) extends his consolidation sequence to five consecutive days, merchant about $ 95,000 on Wednesday, while investors are waiting for a decisive escape. A K33 report highlights two key events to look at this week: the version of the Q1 results of Microstrategy and the deadline approach to the Bitcoin Strategic Reserve.
The ChainLink Prize (Link) is stable while negotiating $ 14.55 when writing the editorial’s moment on Wednesday, continuing the consolidation observed in recent days. The Oracle Token intelligent contracts present the potential to maintain the upward trend that started in mid-April within the limits of an ascending channel, if chain key metrics, such as supply outside of exchanges, continue to climb. However, the drop in the activity of the network observed in active addresses and new addresses indicates that the upward trend may lose momentum.
