Cryptocurrency

Can BTC and ETH Break Past The Current Thresholds? Big Eyes Coin Releases New NFT Collection

IndustryTrends

This past year has been one of the toughest in crypto's history. Cryptocurrency investors and enthusiasts saw many once powerful coins fall from grace and plateau. One of these is Bitcoin which was at its highest in its history before the crash but shed over 60% of its value once, along with Ethereum, which is now keen to break back into the $3 000 range. In other aspects, newcomer Big Eyes Coin has brought about an NFT collection that investors are eager to get their hands on.

Following the crash of major crypto-funding banks, more investors have pooled their money back into the cryptocurrency market. This has had a very positive impact on many coins, especially Bitcoin, which has seen an almost overnight rise in value, jumping from $22 000 to $28 000, and with this, investors are anticipating a rise in its performance, being optimistic about it finally breaking its 48% dominance.

Bitcoin Growing Again

Bitcoin is the torch bearer of the crypto market and, as a result, was always highly valued and trusted. It is the most popular investment by retail and institutional investors and has delivered excellent returns.

However, the coin greatly suffered during the crypto winter when it fell from a value of over $68 000 to a range of $19 000 – $22 000, devastating for its investors. Recently, the giant has been gaining much momentum as more investors are flocking back into the crypto space and choosing coins they better trust.

In the past weeks, Bitcoin has seen a rise in value to over $28 000, and investors are optimistic about it breaking the $30 000 threshold, which has been a long-time hope. This drastic surge has made predictions that, if the coin continues with this momentum, it could be close to a $100 000 value toward the end of the year.

Based on the surge from the bank collapses and the momentum that it is currently showing, a bull run for the coin is likely imminent.

Ethereum's Recovery

Like Bitcoin, this cornerstone giant of crypto faced many challenges throughout the year that caused it also significantly to drop in value. Since, it has been struggling to come up again, constantly fluctuating within the $1 000 mark. However, in recent weeks, the coin has followed suit with Bitcoin and has risen to around $1 800. There are many predictions as to whether the coin will finally break into the $2 000 threshold, and based on its performance until now, these predictions will likely be a reality.

The graphs tracking the coin's performance show steady green lines constantly growing as the days pass. Based on all data available, a bull run is very likely.

Big Eyes Coin's NFT Collect and Astounding Rewards

Big Eyes Coin has brought about a fresh perspective on the potential of cryptocurrency with its many features and rewards. The platform offers users a variety of lucrative opportunities ranging from Loot Boxes to NFTs, in addition to giving investors a chance to develop a green thumb.

The platform's NFT is hosted on Opensea, and users can collect, mint, and trade several cute and very lucrative tokens. This is exceptionally advantageous for the investors because they can collect as many as they would like and sell them later once the tokens become available on the wider market.

Users can access Loot Boxes valued at $10-$10 000, with rewards ranging from $500-$1 million. Users must use the code BULLRUN25O to unlock the boxes and receive their 250% bonus.

On the charitable side, Big Eyes Coin allows users to invest in the environment. 5% of the platform's total earnings go toward an ocean conservation organization.

As the market heads into a recovery stage after the devastating effects of the crypto winter and the banking crisis, Bitcoin is beginning to peak and has finally made some market predictions come to pass. A Bull run will likely ensue as time progresses, hopefully pushing the coin closer to its former glory.

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