Has Bitcoin solidified support at $58K? | Find out now on The Market Report

Has Bitcoin solidified support at $58K? | Find out now on The Market Report

Join Cointelegraph host and analyst Benton Yaun alongside resident market experts Jordan Finneseth and Marcel Pechman as they break down the latest news in the markets this week. Here’s what to expect in this week’s markets news breakdown: 

  • Has Bitcoin (BTC) finally found support at $58,000 or is there another price dip incoming? Find out what investors are betting on.
  • How many opportunities do you think are in the Metaverse? How does $1 trillion sound? According to Grayscale, Metaverse users have increased by 10x. Should you be getting in the action?
  • Avalanche (AVAX) is now in the top 10 crypto list after pushing out Dogecoin (DOGE). It also did something it’s never done before in its history. Is that going to be enough for it to retain its spot, though?

After the market news update, we have a chat with our special guest Michaël van de Poppe about Bitcoin's dominance, its next all-time high, the factors he considers when looking at new coins and what indicators he uses to determine entry and exit points in the markets.

Our top trading bots

Using insights from Cointelegraph’s Markets Pro, a platform for crypto traders who want to stay one step ahead of the market, the Cointelegraph experts identify two altcoins that stood out this week: One Amp (AMP) and The Sandbox (SAND).

Finally, Cointelegraph market analyst Jordan Finneseth discusses if the market is moving away from Bitcoin being the dominant force for price discovery of the altcoins. With popular sectors such as gaming tokens and NFTs seeing a surge in value, could it be that Bitcoin is not the only thing maintaining the value in the market?

Do you have a question about a coin or topic not covered here? Don’t worry! Join the YouTube chat room and write your questions there. The person with the most interesting comment or question will be given a free month of Cointelegraph Markets Pro, worth $100!

“The Market Report” streams live every Thursday at 12 pm ET, so be sure to head on over to the Cointelegraph YouTube page and smash that like and subscribe button for all our future videos and updates.

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