Bitcoin, Render & Cryptos – American Wrap 7 March

Bitcoin (BTC) is not done with its upside potential and is on course with a recovery rally only days after detaching from its peak in what could be attributed to massive sell orders. Meanwhile, theories continue to circulate about why the gains are far from over for the pioneer cryptocurrency.

On Tuesday, Bitcoin surpassed its previous all-time high from November 2021, as it moved above the $69,000 mark. Economists at Deutsche Bank lay out five reasons why it is trading at a record high – and will stay high.

Render Network (RNDR) hit a new all-time high on Thursday, with the RNDR price climbing to $10.30 on Binance. The AI token narrative has made a comeback with NVIDIA’s upcoming AI conference and Elon Musk’s lawsuit against Sam Altman. 

RNDR

 


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