Bitcoin, Dogwifhat & Altcoins — Asian Wrap 01 March

Bitcoin (BTC) price has suffered a rejection from a multi-year supply barrier, but this correction looks healthy to give sidelined investors and late buyers a chance to buy the dip. Meanwhile, Grayscale is the subject of a new contention with the US financial regulator as it looks to reach a new class of customers. 

Dogwifhat (WIF), a popular Solana-based meme coin, will soon be listed on the popular trading platform Robinhood. This cycle’s fastest-growing dog-based crypto is WIF due to the support it has garnered from popular crypto influencers.

Bitcoin’s (BTC) price rally catalyzed gains in several other tokens, fueling narratives like Artificial Intelligence (AI), Layer 2 chains, and meme coins. Alongside Bitcoin’s recent surge, the rising development activity in AI tokens is likely to become a catalyst that could drive gains for these assets.


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