Crypto Week Ahead: Sam Bankman-Fried Trial Picks Up Steam, Israel-Hamas Conflict Keeps Investors On Edge

Over the past seven days, Bitcoin (BTC) price achieved a high of $28,428.75.

BTC dominance, at the time of writing, stood at 49.93 percent.

Source : WorldSpectrum/Pixabay

Cryptocurrencies, be it Bitcoin or Ethereum, mostly traded sideways over the past week, and given that the market’s fear and greed index stood at ‘netural’ (as per CoinMarketCap at the time of writing), it appears that investors are maintaining caution for now. While the trial of FTX co-founder Sam Bankman-Fried sees more revelations on the alleged embezzlements of funds, the Israel-Hamas conflict continues to cast a shadow on investors’ plans. It remains to be seen how