Bitcoin $87,835.52 After a strong start next week, it increased above $ 87,000. Solana, XRP and Dogecoin 
$0.176964 Crypto currencies such as increased over 4 %. Investors carefully review their positions before the economic data coming from the US. Ethereum 
$2,097.20 In the network, there is a significant decrease in the process volume and token burning. Cautious optimism in the markets.
While Bitcoin rises, eyes are in US data
During the first trading hours of the week, Bitcoin saw over $ 87,000. This rise came after the fluctuations at the weekend. Economic data from the US during the week will be decisive in investor decisions. In particular, data such as consumer trust, personal expenditures and PCE Price Index are eagerly awaited. After Bitcoin, solana rose by 5 %. Assets such as XRP and Dogecoin also gained around 4 %. On the other hand, TRX was negatively decomposed with 4 %loss.
Nick Ruck from Lvrg Research said that investors were cautious because of uncertainty. According to Ruck, economic data may show how Americans deal with the current economic environment. Some investors are trying to evaluate the powerful course of the US economy with the soft sensitivity in the market. Augustine Fan from Signalplus stressed that US data shows that the existing weakness is overly interpreted.
Crypto money prices are affected by fluctuations in the stock markets. Although technically prices do not have a negative tendency, stability is achieved at the level of support. Investors evaluate short -term reactions as well as medium and long -term potential while analyzing price movements.
Ethereum network is reduced
Trading revenues in the Ethereum network fell to the lowest levels in recent months. Daily token burning continues to remain below record levels. Burning processes on the network are continuing to permanently remove the tokens from the circulation. However, according to the current data, there is a significant slowdown in the burning volume. This shows that the Ethereum network begins to lose its user interest.
The falling performance of the network directs investors to alternative networks. Lower -cost options such as Solana and Tron have become attractive for investors. Since the end of January, a general decrease in speculative transactions has also seen. This slowdown is especially effective on networks such as Ethereum, especially known for high trading fees.
Although market observers evaluate this decline in Ethereum as a temporary pause, user behavior may indicate a permanent change. In order to maintain Ethereum’s leadership, he needs to offer lower processing fees and stronger uses on the network. Otherwise, it may be inevitable that investors will turn to other blocks.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
