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Today’s Cryptocurrency Headline
In its forecast report, Deloitte said the sports industry will continue to adopt NFTs, with total sales exceeding $2 billion in 2022. India will see the highest growth, with the country’s sports NFT industry expected to reach $1 billion as cricket fans drive growth. More than 5 million people will buy or acquire sports NFTs this year. Deloitte further believes that NFTs can add value to tickets and physical collectibles.
BingX’s Bitcoin Chart
BTC has been roughly flat over the last 24 hours. BTC attempted to break the 200-day exponential moving average ($45,700)(EMA), but this resistance remains strong. The 20-day EMA has started to turn up, and the relative strength index (RSI) is in the positive territory, indicating the bulls have an advantage. If BTC is unable to break $45,700 in the next few days, the market will not be optimistic and could be a sign that the market is turning cold.
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