other cryptocurrencies plummet this

“Crypto has traded soft so far this week, with BTC touching below $46k on Tuesday. crypto margin lost the $47k support, and altcoin prices dropped by as much as 25% within a matter of moments, before tentatively recovering, and currently trades around the $49k mark. It’s by no means been a convincing bounce, and it seems like the crypto market is trading in a sideways manner. Having said that, BTC price retraced 8.2% over the past week, but it also outperformed the broader altcoin market," it added. Will not be displayed President Biden’s economic team has discussed the gas tax holiday recently and is expected to meet later this week for further talks. But another motivation for investing in cryptocurrencies may be a belief in their transformational nature, the idea that cryptocurrencies will eventually replace traditional forms of financial exchange.