Both BTC and Ethereum dropped by about 2% as observed at the time of press. BTC dropped to $94,600 and Ethereum fell below $3,600 until ‘buying the dip’ sparked up the buying pressure.
The two largest cryptocurrencies experienced a price correction on Monday following the U.S. government’s move to transfer in the region of $2 Billion worth of BTC into new addresses.
Meanwhile, Monsta Mash ($MASH), a new crypto in town, experienced a huge inflow of funds, indicating that investors were shifting to buying in the presale. Let’s dive deeper.
Bitcoin (BTC) – Dip or Surge Ahead?
Despite recent fluctuations, Bitcoin has shown some stability around $95,000, climbing to $99k, and eventually breaking through the coveted $100k mark. However, for Bitcoin to maintain a bullish trajectory, it will need consistent daily price surges, higher transaction volumes, and continued whale activity. As of December 5th, Bitcoin reached an unprecedented $103k—could this be the long-awaited breakthrough the crypto world has been anticipating, or are we witnessing a potential false rally?
Ethereum Dips Below $3,600
Ethereum price had climbed to $3,800, quite a recovery after months of dipping and stagnation. Technical indicators show that the ETH price might form resistance around the current price. Today ETH trades at $3,8660.89. Some analysts say that the ETH price might decline to trade below $3,000 if it fails to maintain the bullish momentum. The coin’s 14-day Relative Strength Index (RSI) indicates signs of being overbought. Despite the recovery seen in the past few hours, investors remain wary of Ethereum’s volatile swings.
Monsta Mash ($MASH) Sees More Investors Rush In Before its 100% Price Increase
Between Monday and today, Monsta Mash has seen an impressive amount of inventors buying in. This seems like a shift of investors from the more established coins as they look for cryptocurrencies to buy for higher returns before year-end. Looking at the strong community rallying behind Monsta Mash and the strong utility of $MASH, the native token of The Cryptids – Monsta Mash platform, this may have been the perfect move. Monsta Mash ($MASH) is live on presale. With the price set to increase at every presale phase.
Buy $MASH Now at $0.0018 before it shoots to $0.00365
Monsta Mash is a GameFi token, featuring a thrilling gaming environment, The Cryptids-Monsta Mash in which gamers play-to-earn. Additionally, the Monsta Mash ecosystem includes a staking platform, Mash-Yields offering stakers up to 19% APY per annum, the highest APY in the entire crypto staking space. Investors may be piling up on $MASH tokens to take advantage of this incredible platform.
Conclusion
The volatile swings Bitcoin and Ethereum prices have been displaying had investors looking for better cryptocurrencies to buy. Although BTC and ETH eventually offer great returns, one might have to wait for over 8 months to see substantial gain. This is why $MASH is the best crypto to buy now; eyeing over 1000X by the end of its presale. Also, it would be great to stake your $MASH and see your investment grow daily as you wait to sell for unbeatable ROI.
Buy $MASH now with as low as $100 for a possible $100,000 return.
Learn more about Monsta Mash and its Community:
This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.
