The crypto market is still reacting to the December interest rate hike by the Federal Reserve. The overall global market capitalization has declined since the announcement, with Binance Coin (BNB) and Polkadot (DOT) among the coins that have lost traction. However, one of their tough competitors, Bitgert (BRISE), has been very stable.
Binance Coin (BNB) and Polkadot (DOT) bulls have been weakening, and it appears like they will continue to weaken for the next few days. This is because the price prediction for these coins for the next few days still looks gloomy.
Binance Coin (BNB) might be the most affected this week since it has been unable to shake off the money laundering claims, as well as the speculation that its moves resulted in FTX collapsing. The released Binance reserve audit showed some suspect funds movements and collateralization.
These reasons caused speculation that US prosecutors might prefer criminal charges for the Binance Coin (BNB) executives. This includes Binance Coin (BNB) founder Changpeng Zhao. That’s why Binance Coin (BNB) experienced massive withdrawals as investors tried to avoid the FTX-like mess.
Polkadot (DOT) price performance has also been affected by the Fed interest rate rise. The Polkadot (DOT) coin has also been plummeting, and even this morning, DOT was in the red for the past 24 hours. According to crypto analysts, Polkadot (DOT) bulls might also weaken this week.
Bitgert Bulls Are Growing Stronger – Here are reasons
From the charts, Bitgert (BRISE) has been pretty stable when most of the coins have been bearish. This means that Bitgert bulls have been strengthening amid the crashing markets. One of the things that have made this coin’s bulls remain strong is the strengthening ecosystem.
The Bitgert team is building products in the roadmap V2 and has already started launching them. The Brise exchange and Paybrise are the latest releases, and their mass adoption has been the reason Bitgert bulls have been doing well this month.
As more deliveries from the roadmap V2 join the ecosystem, including the strategic partnership, the Bitgert bulls are expected to grow stronger. That’s why crypto analysts believe that Bitgert is preparing to explode.
Checkout Centcex (CENX) – It Might Be The Next Big Thing
Centcex (CENX) bulls are also expected to strengthen even with the market growing bearish. This is looking at the weekend charts as well as the stability the coin is showing today. Therefore, for crypto investors looking for a more promising coin, Centcex might be the next best coin after Bitgert (BRISE).
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