Market Wrap: Bitcoin Falls for Second Straight Day After Tesla Action; Ether Follows
“What saddens me is the way the weak hands and recent buyers see Elon Musk as a prophet, powerhouse and decisive figure in bitcoin,” said one trader.
Meanwhile, the cost of gas fees on the Ethereum network is near a three-month low.
The past weekend saw the lowest number of bitcoin transfers from exchanges in 2021.
The supporter of blockchain-based payment services is partnering with private equity firm Advent on the potential deal.
The investment extends the Stellar network's reach into Latin America and aims to improve digital payments across the region.
Investors are buying and no longer panicking.