Axie Infinity and Waves rise higher as BTC is below $ 34,000

Axie Infinity and Waves tokens rise higher as Bitcoin continues to struggle below $ 34,000, unchanged on the 24-hour chart and marking a 0.56% decline as we can see more on the news.

The entire crypto market is trading flat on July 2nd with the fourth weekend of July in the US. Trading volume coincided with a slight drop in total crypto market cap of $ 5 billion to its current value of $ 1.378 trillion. Despite the difficulties the market as a whole is facing, the data shows that there have been some positive developments in Axie Infinity and Waves thanks to recent developments related to NFT.

Axie Infinity is a blockchain-based fighting and trading game that allows players to collect, raise funds, and trade token-based creatures known as Axies. Since hitting a new high of $ 2.85 and falling BTC price below $ 30,000, AXS ‘price has risen 125% to a high of $ 6.40. Waves was also seen as a strong player when it turned upside in late June. The charts show that last month of June, Waves market conditions were very favorable and prices began to rise 34% over a period of several days at $ 13.31 to a high of $ 17.75.

Long weekend in America.

The opportunity moves the market to where people want to be filled.

With which we have the maximum working capacity ..

Liquidity very close.

I have not yet decided what will happen next. The yellow trail is going to be pretty fun, I’m waiting for what happens and looking for blood. pic.twitter.com/VbIRiI32xz

– fil fil (@filbfilb) July 2, 2021

The general weakness of the altcoin market is due to the fact that bitcoin price is struggling below $ 33,400 as most traders appear to have started their weekend break. Data from Tradingview shows that BTC price trading is in a tight range between $ 32,650 and $ 34,000 as traders wait for new major news events or developments in the chain to initiate price movement in the leading cryptocurrencies. The general mood on the market is characterized by uncertainty and can be read from the charts. The total capitalization of the crypto market is $ 1,373 and the BTC dominance is 45%.

As recently reported, the Bitcoin Mining Council’s results look promising at first glance, while the report states that sustainable energy consumption increased between Q1 and Q2 2021 with a 15 percent increase in network performance measured in PH / MW. It was also revealed that members reported that 67% of all green electricity consumption used for BTC mining comes from sustainable sources, ensuring that the environmental impact is less than one of the industries, the industry in others Countries like China concentrate the majority of the BTC hash, with a large proportion of miners using electricity from coal-fired power plants.

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