Bitcoin price is poised to see its first monthly decline since January with rising borrowing rates curtailing investors’ appetite for riskier assets.
Meanwhile, ApeCoin, a token tied to the popular Bored Apes NFTs, is whipsawing investors amid a relatively sluggish broader crypto market.
Demand for ApeCoin soared this week in the anticipation of the token’s virtual land sales in its metaverse, which is scheduled on May 1.
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