Bitcoin Dominance Hits Fresh 30-Month High as Ether, Altcoins Lag in Rally
Bitcoin’s bullish momentum could prove a harbinger of an altcoin rally, one analyst noted.
Bitcoin’s bullish momentum could prove a harbinger of an altcoin rally, one analyst noted.
BTC could run towards $40,000-$45,000 after consolidating around current prices, Capriole Investments said.
Bitcoin’s tech development is buzzing with innovations that could help it keep pace with Ethereum
While most observers tie bitcoin’s recent strength to the anticipation of a spot ETF approval, some analysts offer alternative explanations to the crypto’s rise.
Growth among most crypto majors seemed to lull as traders likely took profits on gains since the start of this week.
An ETF could be a better investment vehicle for investors compared to currently offered products, such as trusts and futures, which hold over $21 billion in value, the fund said.
I am not buying yet, just closing loss-making short positions in AAVE, SOL, CRO and TRX, Capo said, having predicted last year’s market meltdown.
The consulting firm’s küresel blockchain leader discussed his bullish outlook in a CNBC appearance.
Shares of Coinbase (COIN), MicroStrategy (MSTR) and Marathon Digital (MARA) climbed more than 13% as bitcoin (BTC) topped $34,000.
Newer opportunities have stalled Friend.Tech’s initial growth wave, and applications such as New Bitcoin City are quickly emerging as one of the biggest bets.