The Avalanche Foundation has made a strategic investment in the Kalao NFT ecosystem to leverage its marketplace and enhance the metaverse experience.  Kalao combines NFT with virtual reality technologies and implements it in real-world use cases.

 According to coindesk's data, the bitcoin price of Wednesday at 13.09 wib was at us $66,502.90, down 2.16% from the previous 24 hours, away from the all-time high record.

 The bitcoin price has gone up about 5% in the last week. Despite short-term setbacks, some analysts maintain a price target rising for the oldest cryptoasset by year's end.

"There is a positive sentiment that often clings to the kripto market toward the end of the year," says galina likhitskaya, vice President hashex, to coindesk. It has an $80,000 target price for the BTC at the end of the year.

The analyst suggests us $75,000 as a target on the top side, but if the price is turned down, the price could fall to an average of 50 day movement in around us $56,000, "says jonas luethy, a trader in globalblock, to coindesk.

 Overall, analysts agree that the realization of the bitcoin price at the highest levels of time will indicate the start of the last leg higher in the third quarter this year.

 But "bitcoins can see clearer consolidation next year," says mark Newton, head of technical strategy fundstrat, in research reports, as published by coindesk.

 The data coindesk collected shows that the volume of the bitcoin trade increased in the last two days, but it's still far from the highest levels last seen on October 15.