Google invests in blockchain. What does it mean for the market?

Since September 2021, Google has invested more than $ 1.5 billion https://gagarin.news/ in blockchain and cryptotechnology. This news is perfectly echoing with the news of last week that the world’s largest investment fund BlackRock launched bitcoin trast for its institutional customers.

From the point of view of global blockchain introduction, this is good news. And although the blockchain and cryptocurrency are not the same thing, but at the same time, among Google investments there really are investments in cryptocurrencies and WEB3 venture funds, as well as investments in crypto projects such as Dapper Labs and Digital Currency Group.

Biden signed the law on reducing inflation, the markets jumped up

Yesterday, US President Biden signed the Law on Reduction Reduction Act). As a result, after two days of some decline in the stock and cryptocurrency markets, a certain recovery occurred. Crypto won 1%, but continues to remain below the maximums of the last weekend.

If you are a short -term trader, a 3D RSI deviation tells you that on the following days you should act with caution and look for a more confident purchase below. Tradingshot

The leaders of the day
The five best coins on Phemex D-D include EOS (EOS/USDT), Injective (Inj/USDT), BarnBridge (Bond/USDT), JASMY (JASMY/USDT) and LMR/USDT).