bitcoin And altcoinIt is welcomed that trillion-dollar companies apply for spot Bitcoin ETFs in recent years.
In this context, while BTC went up to $ 29,000 levels. Ethereum (ETH) There were also increases in many altcoins, especially in
While the positive movement in cryptocurrencies continues, crypto analysis firm Nansen’A new assessment has come from Bitcoin bull rally.
Pointing out that some conditions must be met for the bull to start in Bitcoin, Nansen stated that these conditions are related to the USA.
according to Nansen BTC And for the real bull to start in altcoins, there needs to be regulatory clarity and lower inflation for crypto in the US.
Nansen analyst Aurelie Barthere made the following statements on the subject:
“Shallow BTC sales and continued decline in crypto volatility tell us a lot of regulatory and macro bad news is already priced in.
The recession scenario is being pushed back and inflation remains baffling with its stubbornness.
This has non-linear effects where monetary policy remains more restrictive for longer, thus becoming an increasing headwind for risky assets. “
BTC It continues to trade at $ 28,869, with an increase of 7.63% in the last 24 hours.
*Not investment advice.
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