Elsewhere, but worth paying attention to for the inverse-correlation thesis, the US dollar is apparently showing signs of weakness this week with a “bearish divergence” – at least according to the Dutch trader Michaël van de Poppe.
Beyond Bitcoin, we’ve got some other strong movers in the majors today, including layer 1 protocols Ethereum .
You can put that partly down to the continued strengthening of Terra’s ecosystem, to which LUNA is tied.
It’s a Proof Collective initiative, co-founded by renowned US internet entrepreneur Kevin Rose, and is currently the most-traded NFT profile-pic collection on OpenSea with more than 74,000 ETH worth of volume.
Intially priced at 2.5 ETH a handful of days ago, the floor price for the collection is now hovering around the 19 ETH mark.
Owning a Moonbird gives the holder entry to an exclusive Discord club, and “nesting” the bird holds the promise of future benefits and airdrops that might potentially prove lucrative.