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In April, the daily avg gas on Polygon #zkEVM was 7X cheaper than Ethereum Mainnet, even during periods of peak network activity. advertisement Want to know which growth metrics were +300% this month? Follow the thread👇🏽 pic.twitter.com/9A3R4I9yiA — Polygon (@0xPolygon) April 27, 2023 Trending Stories SOL Price Prediction: Bullish Pattern Sets Solana Price for 22% Rise; Enter Today? 24/7 Cryptocurrency News XRP Price Prediction: XRP Price Coiling Up Before a Massive Move; Enter Now? 24/7 Cryptocurrency News ETH Price Prediction: New Recovery Cycle in Ethereum Price Hints a 10% Rally Ahead 24/7 Cryptocurrency News PEPE Price Prediction: This Chart Pattern may Determine if PEPE Token Price will Rally 70% or Fall 40% 24/7 Cryptocurrency News Bitcoin Price Reversal from a Healthy Retracement Level Hints 6% Jump; Enter Today? 24/7 Cryptocurrency News The protocol reported that as of April 24...

Strong U.S. jobs data for January could not pull Bitcoin and select altcoins lower, indicating a strong bullish undercurrent. Bitcoin’s (BTC) rally in 2023 has been boosted by expectations that the United States Federal Reserve will slow down the pace of its rate hikes as inflation has started cooling down. Some even anticipate a rate cut by the end of the year. That assumption received a jolt on Feb.3 when the U.S. employment data for January beat expectations and unemployment hit its lowest level since May 1969. If markets do not react negatively to news perceived as bearish, it’s a sign that the sentiment has turned positive. Traders may then shift their focus to the next important economic data release. Trading firm QCP Capital said in its latest market update that the Consumer Price Index print on Feb. 14 could move markets. They believe the risks to the data are to the upside. Daily cryptocurrency market performance. Source: Coin360 The current crypto bear market seems to have ...

Bitcoin and select altcoins remain under pressure as bounces off support levels are being sold into. Investors have faced a tumultuous year in 2022 as stocks, bonds, and the cryptocurrency sector have all witnessed sharp declines. As of Nov. 30, the performance of a traditional portfolio comprising 60% stocks and 40% bonds has been the worst since 1932, according to a report by Financial Times. The next big question troubling crypto investors is whether the pain in Bitcoin (BTC) is over or will the downtrend continue in 2023. Analysts seem to be divided in their opinion for the first quarter of the new year. While some expect a drop to $10,000 others anticipate a rally to $22,000. Daily cryptocurrency market performance. Source: Coin360 While the near-term remains uncertain, research and trading firm Capriole Investments said in its latest edition of the Capriole Newsletter that Bitcoin could copy gold’s explosive bull move in the 1970s and if that happens, Bitcoin could soar past $6...