POKKET: Today’s Crypto Market Commentary (April 6)

Bitcoin & ETH +1.7%, trading $59300 & $2115. Movers are GTO +73%, OGN +33%, OST +18%, 1INCH+17%, YFII PNT +12%, POLY -13%, ADX -11% in Pokket listed tokens.

MicroStrategy announced another Bitcoin investment, bringing its hodling to $5.4B. JPMorgan has once again moved up its price target on Bitcoin to $130k. And the Kimchi-spread is back, close to +15% and levels last seen back in 2017.

According to nonfungible.com, the average price for NFTs has crashed to -70% from the peak in February to around $1400. However, this isn’t stopping Gucci and a number of other luxury fashion brands to launch their own NFTs. Mark Cuban, Snoop Dogg and Ashton Kutcher team up for an NFT twist on the Shill…err, Shark Tank.

Check out today’s interest rates at POKKET and earn interest on your crypto with our crypto saving accounts.

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