2019-5-22 17:26 |
It seems like we may be on the fringe of a fresh new bull market for Ethereum as confirmed… The post Prominent ETH Analyst Confirms Golden Cross — $300 Next? appeared first on Invest In Blockchain.
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Аналог Notcoin - Blum - Играй и зарабатывай Монеты
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An analyst on Crypto Banter’s The Sniper Trading Show said the altcoin rally phase is approaching. Typically, this rally occurs towards the end of the bull cycle, indicating significant potential for gains soon.
Bitcoin, the leading cryptocurrency, saw a sharp drop to an intraday low of $68,507. At the time of going to press, the cryptocurrency was priced at $69,321 — a 2.57% dip from the previous 24 hours.
Crypto research firm 10x Research has warned that a sharp decline in Ethereum prices could prevent Bitcoin from reaching a sustainable new all-time high of over $83,000, according to a June 7 analysis shared with CryptoSlate.
Bitcoin fell around 2% instantly as US nonfarm payrolls rose 272,000 month over month for May, way above the estimated 180,000. The rest of the crypto industry, along with the traditional equities markets, also took a hit.
It’s safe to say that 2024 has been the year of cryptocurrencies so far. After a long crypto winter, digital currencies burst back into the limelight at the start of the year, before being rocketed into the stratosphere by the SEC’s Bitcoin ETF approvals that same month.
Ether's 2030 valuation is forecasted at $2.2 trillion, driven by $66 billion in free cashflows and $15 trillion TAM potential, VanEck writes
Although the base case is pointed to be a $22,000 valuation by 2030, VanEck predicts a bull case of $154,000 for the ETH. The post VanEck forecasts Ethereum to reach up to $154,000 by 2030 appeared first on Crypto Briefing.