Ethereum

<ul><li>Raoul Pal identifies buying opportunity for CryptoPunks amid ETH price pressure.</li><li>NFT prices are expected to trend downwards due to ETH’s deflationary nature.</li><li>Bitcoin hits the highest price point this year at $30k.</li></ul>In a recent tweet, Raoul Pal, the CEO of Global Macroinvestor.com, highlighted that the prices of CryptoPunks, a popular NFT project, have been under pressure in <a href="https://coinedition.com/tag/ethereum-eth/" rel="noopener noreferrer nofollow">Ethereum (ETH)</a> terms due to tax season and Blur farming.Pal noted that while the price in USD has remained stable at around $100k, the rise in ETH has caused distress for the asset’s holders. However, the tweet suggests that it could present a buying opportunity for investors who believe in the long-term growth of crypto.<a href="https://coinedition.com/now-is-a-buying-opportunity-for-cryptopunks-amid-eth-pressure-analyst/" rel="noopener noreferrer nofollow">See the Original CoinEdition</a>

Now Is a Buying Opportunity for CryptoPunks Amid ETH Pressure: Analyst

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