What is moving the market
The overall market sentiment is neutral to slightly positive, with an average sentiment score of 0.11. While there's news on regulation and economic factors like inflation and rate hikes, there's also optimism surrounding altcoin growth and specific network activities.
Biggest risk
Bitcoin is showing signs of a potential new bull market, with a rapid 'bull flip' and analyses pointing to key price levels around $83,000. Despite these positive signals, there's also a cooling-off period, with millions flowing into Bitcoin and Ethereum ETFs. XRP is experiencing a notable surge, partly driven by an exploding network with a 655% increase in active addresses.
