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Metaverse and blockchain gaming altcoins rally while Bitcoin looks for support -Breaking


© Reuters.

Bitcoin’s (BTCThe recent plunge below $56,000 has sparked wide-ranging selling Spread across the cryptocurrency ecosystemTalks about the price reaching $100,000 at the end of this year soon turned to concerns over a possible bear market which could see prices plunge for up to a year.

Although there was a lot of chaos in markets, judging from people’s reactions to the pullback in BTC, it wasn’t all bad. Gaming tokens that focus on the Metaverse managed to remain in the green.

GALA/USDT, BTC/USDT and WAXP/USDT are all different. TradingView
Statistics on Sandbox users. Source: DappRadar
VORTECS™ Score (green) vs. SAND price. Source: Cointelegraph Markets Pro
VORTECS™ Score (green) vs. WAX price. Source: Cointelegraph Markets Pro