In the past few days, with investors happy about the growth of Bitcoin's ecosystem, the price of Bitcoin has already warmed up. Its original token BRISE rose to a high of US $0.0000092, which is also the highest value since August 7. It has soared above 162% since the minimum standard this year.

Biggert TVL soars

Bitgert is a blockchain project with a relatively small business scale but booming, and is committed to becoming a leader in this field. It is a killer of Ether, which operates very fast and has low cost. According to the developer's detailed introduction, it can solve more than 1000 transactions (tps) every second.

The actual operation cost of Bitgert is not high, because it can solve millions of transactions. Some top applications built in Bitgert include Knit Finance, Midas NFT Marketplace, Brisswap and Icecream Swap. $BRISE is the original token of Bitgert ecosystem.

Bitcoin has risen in the past few days, and investors are happy with the sudden growth of its ecosystem. According to DeFi Llama, Bitget's total locked value (TVL) soared from almost zero to more than 9 million dollars.

The root cause of this growth is Spynx, whose TVL exceeds US $6 million. The TVL of IcecreamSwap exceeded 2.1 million dollars. Therefore, analysts believe that TVL will also grow again in a few months.

The next important metal catalyst of Bitget's price is undoubtedly the Jackson Hall seminar to be held abroad. In this article, Jerome Powell of the Federal Reserve will have the opportunity to discuss the problem of annual interest rate, because inflation is now beginning to decline.

Bitgert price forecast

The four hour chart shows that the price of BRISE has been in a strong upward trend in the past few weeks. As a result, this coin has become one of the coins with good performance in the market. It has warmed up to above the 25 and 50 day moving average system.

It is noteworthy that this rebound occurred after the coin fell to the bottom of US $0.00000055, which was also the lowest value on August 19. In addition, it seems that it has generated a double top mode, which is generally a bullish data signal.

Therefore, although the price of Bitgert has a certain increase in indoor space, it is likely that it will soon decline due to the two-way mode. If such a thing happens, the next key point worth noting is undoubtedly US $0.00,000,078.