Cryptocurrencylistings Markets: Bitcoin wraps up the month on a positive note; an analyst suggests it may quickly hit the 30k mark.

For the first time since March, Bitcoin ended the month on a positive note. Currently, cryptocurrencies are not faring well; however, this could soon change. Each Monday seems to kick off with a decline, regardless of the week's prior outcomes, but a crypto analyst from Genesis Volatility is optimistic about potential price rises in the near future.

At the moment, Bitcoin is starting the week on a downtrend, currently sitting at a 2.45% loss and trading at a certain amount. However, looking back, the coin has managed to gain over the prior week. $23,209.17 According to the latest analysis, Bitcoin seems to be gearing up towards the $30k threshold. \"There's a significant amount of buying interest bubbling up in riskier assets, including cryptocurrencies. The charts for major tech stocks look primed for a surge, and the same could apply to crypto market.

According to a Genesis Volatility \"In my opinion, there are still signs of resistance on the upside… this suggests that BTC could swiftly bounce back to around $30k, should the current rally in risk assets persist.\" This insight aligns with a trend in U.S. inflation-indexed securities, which typically move inversely to Bitcoin; yields are dropping now.

Current reports indicate that ten-year real yields are hovering close to zero, while both two- and five-year real yields have dipped into negative territory. This scenario could support higher cryptocurrency prices. CoinDesk However, let's take a broader look at the crypto space. Ethereum's ether is facing a slight dip, down by 3.01%, trading at a certain amount. Binance’s BNB has also seen a drop of 2.22%, while XRP has decreased by 3.50%, and Cardano’s ADA is down by 3.26%. Solana SOL is struggling even more, facing a decline of 5.06%.

The landscape for metaverse cryptocurrencies presents a mixed picture right now. ApeCoin APE has managed to climb by 6.74%, while Decentraland’s MANA is in a slump, down 4.16%. The Sandbox’s SAND and Axie Infinity also reflect negativity, with drops of 3.86% and 4.79%, respectively. $1,662.55 Interestingly, ApeCoin is not the only NFT-related cryptocurrency enjoying gains. Phantasma’s SOUL has surged by a remarkable 20.38%, while WAX WAXP and Star Atlas DAO’s POLIS have recorded smaller increases of 6.85% and 4.88%, respectively.

Although the Metaverse Index's price has dipped slightly over the last 24 hours, it hasn't forfeited all its weekend gains. Currently, it's trading at $44.85 after a decline of 4.8%.

Cryptocurrencylistings Markets: Bitcoin approaches the $23k mark with ether climbing up by 11%.

Cryptocurrencylistings Markets: Major cryptocurrencies see an uptick in prices.

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• Karolina is a skilled writer and journalist with a background in literary studies. Her passion lies at the intersection of innovative technology and art, often finding NFTs as the perfect blend of the two. When she isn't working, she's nurturing a collection of plants, delving into vintage fashion, and gaming.