Bitcoin, Ankr & Arbitrum — Asian Wrap 08 March

Bitcoin (BTC) price is edging north, recording higher highs since the onset of the week. The outlook, from a technical standpoint, points to a continuation of the intermediate trend, with a Bitget executive lauding BTC holders for their show of optimism and confidence. 

AI crypto coin enthusiasts still have their eyes peeled to the March 18-21 event in Silicon Valley, where Nvidia will hold the largest conference in its history, christened NVIDIA GTC24 Conference.

Arbitrum (ARB) price s trading with a bullish bias, but continues to consolidate within a range. The upside potential for the Ethereum Layer 2 (L2) token could be reinvigorated once ETH price nicks the $4,000 psychological level, with ARB likely to benefit from the ensuing liquidity overflows into ETH betas.


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