The crypto market is looking bullish once again, with several projects on the rise. After a turbulent month, Bitcoin (BTC) is up to $22k, Avalanche (AVAX) is up $7 from the start of the year and Orbeon Protocol (ORBN) has just hit a new high with a price of $0.0835 in phase 9 of its presale. Here’s why each is expected to surge in March.
Avalanche (AVAX) Price Declines Slightly Following $12 Increase
Avalanche (AVAX) is a tool used by developers to build decentralized applications that are scalable apps and offer fast transaction speeds and high security.
As of March 2023, Avalanche (AVAX) is the third largest blockchain in the world, with a valuation of $5.2 billion. Avalanche (AVAX) is also moving into the NFT space with projects like avaxnfts.com slowly gaining momentum.
Over the past two months, Avalanche (AVAX) has increased from $10.89 to highs of over $22. The recent market crash caused the price of Avalanche (AVAX) to decrease to $17.29, though investors remain bullish on the Avalanche (AVAX) project.
Will Bitcoin (BTC) Pass $25,000?
Bitcoin (BTC) is the largest cryptocurrency in the world, and the first cryptocurrency to gain mainstream attention. Unlike Avalanche (AVAX) which is used for everyday transactions, investors treat Bitcoin (BTC) like gold, holding their Bitcoin (BTC) in decentralized crypto wallets or physical wallets like Trezor.
In the past five days, Bitcoin (BTC) has increased in price, taking the Bitcoin (BTC) value to just over $22,000 following the recent market correction. After almost passing $25,000 on multiple occasions, many Bitcoin (BTC) investors believe $25k is on the way, with additional price increases for not just Bitcoin (BTC), but the whole market once the target has been met.
Orbeon Protocol (ORBN) Pioneers Market Growth
Go to Source to See Full Article
Author: Crypto Daily