Despite short -term volatility and global uncertainty, both Bitcoin and Ethereum remain active with a strong long -term growth potential.
Bitcoin and Ethereum They upload this Thursday, February 20, although moderately. He Bitcoin (BTC) experiences an advance of 1.3% in the last 24 hours, reaching the U $ S97,500while Ethereum (Eth) advances around 1.1%, overcoming the U $ 2,740.
In the case of the Altcoins, the panorama records majority of increases. Cryptocurrencies like Cardano and Ripple They are the ones that rise the most with 3.1% and 3.3%, respectively, while the rest does it but at a lower level. The only one that goes down, between the top 10, is Binance Coin.
What do analysts estimate
Analysts indicate that uncertainty could continue in the crypto market due to recent US tariff measures and its impact on the expectations of cuts in interest rates by the Federal Reserve. In addition, an eventual peace agreement in Ukraine could promote appetite for risk assets.
Despite the current caution, there are analysts who maintain an optimistic perspective on the long -term future of Bitcoin. The strategists of Standard Charteredfor example, they maintain their forecast that cryptocurrency could exceed US $ 500,000 before Donald Trump leaves the White House.
“We hope that more institutional investors join the purchase of Bitcoin, with the participation of Abu Dhabi as a first step towards a greater participation of sovereign states,” they point out from the British firm.
In parallel, the company Strategy (formerly Microstrategy) continues to raise funds to acquire more bitcoin, with a new issuance of US $ 2,000 million through 0%convertible notes.
The company already has approximately 478,740 bitcoins, whose current value exceeds US $ 45,000 million. Analysts suggest that Strategy could enter the S&P 500 in the near future.
Source: Ambito
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