Zcash (ZEC), Kusama (KSM) and Hedget (HGET) soar as Bitcoin hits $ 40K by Cointelegraph

The sharp correction in (BTC) may have shaken up many leveraged traders, but the data shows that the whales and institutions aggressively bought the dip and now the bulls have shown that they are determined to push the price of Bitcoin back above $. 40,000. The total capitalization of the cryptocurrency market also rebounded and rose again above $ 1 trillion. Daily view of crypto market data. Source: Coin360 Pantera Capital founder and CEO Dan Morehead said he is holding onto his previous prediction of $ 115,000 for Bitcoin for August this year. Morehead believes that developments in China’s digital yuan may fuel adoption of cryptocurrencies and prove to be a bullish trigger. ZEC / USDT daily chart. Source: TradingViewKSM / USDT daily chart. Source: TradingViewHGET / USD daily chart. Source: TradingView Continue reading on Coin Telegraph

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