Crypto weekly wrap: Despite gains, experts want investors to wait and watch

Ahead of much anticipated "Merge" Ethereum will be on the radar of the investors, however, it may not perform as good as it is expected to, experts said

Cypto investors saw a renewed interest in the crypto markets in the last seven days with 'Merge' approaching. The crypto market cap breached the $1 trillion mark after two weeks, Bitcoin rose 3 per cent and Ethereum rose over 6 per cent. However, experts believe that the investors must continue the wait-and-watch approach.

"It is advisable to have a long term approach on the crypto market with a buy on dips strategy in strong tokens only,"  Dileep Seinberg, founder & CEO of bill payments and utility crypto platform, MuffinPay said, "There are rate hikes and liquidity is being pumped out