Bitcoin resumed the uptrend after facing a major fall on Monday and Tuesday ahead of the US CPI data. The dive to $66,000 sent jitters across the market as some investors panicked, selling irrationally. However, the market is up again backed by BTC’s rise above $69,000. With prices generally climbing, investors may want to consider select Bitcoin alternatives during this week’s cryptocurrency trading, including Terra Classic (LUNC) and GameStop (GME).
1. Bitcoin Alternatives To Buy – GameStop
GME meme coin price hovered around $0.0191 during European business hours on Wednesday, a 12% increase in 24 hours and a further 107% increase in 7 days, as per CoinGecko data.
GameStop price chart
Gamestop price has been trending above the 50-day and 200-day simple moving averages, but dangerously close. After the initial surge in price that saw the meme coin hit an all-time high of $0.032, GME price crashed to $0.014, an over 50% drop in price in less than 24 hours.
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