This past week and especially this past weekend certainly put a smile on the face of many BTC investors. After all, the key crypto coin has seen a price increase of around 13 percent in the last seven days. This puts the price of one coin at over US$46,000. Which price targets are imminent and which level investors should pay attention to in the future is part of the analysis in the BTC-ECHO Invest Podcast by market experts Stefan Lübeck and Jan Heinrich Meyer.
Top & Flop Coins
In addition to the positive development in BTC, Stefan and Jan discuss the outstanding performance of Zilliqa (ZIL). Because with a price increase of a whopping 140 percent, ZIL even dwarfs the extremely positive development of Convex Finance (61 percent), Holo (58 percent) and ApeCoin (55 percent).
Bitcoin rally on Russian oil and gas?
However, the focus is clearly on the issue that is likely to be the main reason for the sharp price increase, namely the acceptance of Bitcoin as a means of payment for Russian oil. You can find out what long-term effects the announcement could have on the price of Bitcoin in the podcast.