Bitcoin

<ul><li>Sidechain dominance grows with Merlin Layer 2 leading at $1.20B TVL, signaling interest in scalability solutions.</li><li>Despite market downturns, projects like MAP Protocol maintain investor interest with $122M TVL.</li><li>Individual cryptocurrencies like Stacks and Core show varied price movements amidst the broader market fluctuations.</li></ul>Amidst the ongoing bear market, investors are seizing the opportunity to accumulate Bitcoin at lower prices, with hopes of cashing out when the market rallies. As highlighted by <a href="https://x.com/rovercrc/status/1796543404135842144" rel="noopener noreferrer nofollow">Crypto Rover</a>, an analyst, Bitcoin continues its journey, and traders are eyeing a significant price target ranging between $100,000 to $150,000 per coin.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/31426db3978b4aae91ab13ab0f187040.png" />As further noted by<a href="https://x.com/CryptoRank_io/status/1796526278859772114" rel="noopener noreferrer nofollow"> CryptoRank</a>, an onchain analytic firm, Merlin Layer 2, boasting a total value locked (TVL) of $1.20 billion, leads the pack in terms of sidechain dominance. Its rising prominence signals a growing interest in layer 2 solutions to scale blockchain networks.Meanwhile, Bitlayer Labs follows with a TVL of $299 million, showcasing a notable presence in the evolving crypto landscape. Stacks, with $255 million locked, and Rootstock Infrastructure Framework, with $242 million, further diversify the sidechain ecosystem, each offering unique value propositions to investors and developers alike.<a href="https://cryptotale.org/navigating-the-crypto-storm-bitcoin-sidechains-hold-strong-amidst-bearish-market/" rel="noopener noreferrer nofollow">Read More On Cryptotale</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Navigating the Crypto Storm: Bitcoin Sidechains Hold Strong Amidst Bearish Market

CryptoTale

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