Why Did Bitcoin’s BTC Price Hold Above $27K Over the Weekend? Two Analysts Expect Continued Resilience

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Why Did Bitcoin’s BTC Price Hold Above $27K Over the Weekend? Two Analysts Expect Continued Resilience

Connors writes that despite 2023’s focus on Bitcoin’s increased dominance and surging fees amid a challenging U.S regulatory environment, Ethereum’s post-merge performance, including an unexpected non-impact of staking ‘unlock,’ increased staking demand, and realized deflationary promise with over 250k ETH ‘burned,’ is garnering market attention. www.coindesk.com

Connors writes that despite 2023’s focus on Bitcoin’s increased dominance and surging fees amid a challenging U.S regulatory environment, Ethereum’s post-merge performance, including an unexpected non-impact of staking ‘unlock,’ increased staking demand, and realized deflationary promise with over 250k ETH ‘burned,’ is garnering market attention.

www.coindesk.com