Despite short -term volatility and global uncertainty, both Bitcoin and Ethereum remain active with a strong long -term growth potential.
Bitcoin and Ethereum They try to recover their upward trend this Wednesday. Bitcoin (BTC) experiences a 0.5% advance in the last 24 hours, reaching US $96,200, according to Binancewhile Ethereum (Eth) rises around 1%, overcoming the U $ 2,700.
In the case of the Altcoins, the panorama is mixed. Cryptocurrencies such as XRP, Cardano (ADA) and Chainlink (Link) show slight falls, while Solana (Sol), Tron (TRX) and Dogecoin (Doge) record modest rises. A prominent increase is that of Litecoin (LTC), which rises more than 10%.
Despite recent movements, experts underline that there have been no significant advances in recent hours. Bitcoin remains within a lateral range between US $ 95,000 YU $ S98,000. In addition, the crypto fear and greed index currently reflects “fear”, indicating a certain market concern, but also suggests a possible purchase opportunity.
According to Hani Abuagla, senior analyst of XTB Mena, “short -term movements could remain limited within a range until market participants obtain more clear signals or additional catalysts.”
What do analysts estimate
Analysts indicate that uncertainty could continue in the crypto market due to recent tariff measures in the United States and their 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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