The crypto market appears to be in a lull, with many major cryptos consolidating for the last few weeks. Top cryptos by market cap were rangebound over the weekend. However, investor interest continues to stay positive, with the index still in the “Greed” zone.
Trading around $60.9k, the blockchain activity on the BTC (-0.1%) network signals low participation, with transactions on the BTC network facing a dip. However, in the latest set of predictions of BTC prices in the future, Jack Dorsey Dorsey believes that BTC will go beyond $1 million in 2030.
Current trading sessions mirror the stretch between April and September 2023 when Bitcoin remained stagnant in the $25k-$30k range for six months. After this period, BTC went on to hit its all-time high, while the larger markets rallied.
