Analyst predicts altcoin market capitalization will hit $800 billion

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 72%

Cryptocurrencies أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

Ethereum ETF approval by the Securities & Exchange Commission in the past week failed to catalyze gains in Ether.

Crypto analyst Michaël van de Poppe believes altcoin market capitalization could breakout above $800 billion soon. The analyst notes that the recent correction in cryptocurrencies resulted in a drawdown in prices of assets, erasing 4% market cap. Ethereum, Lido staked Ether and Binance Coin erased between 2% and 6% of their value in the past week. Ethereum ETF approval by the Securities & Exchange Commission in the past week failed to catalyze gains in Ether.

The entire correction is over and this is just a build-up before the next big upward breakout above $800 billion takes place. pic.twitter.com/1ihutYDNoI — Michaël van de Poppe July 27, 2024 Analyst behind the @DaanCrypto handle notes the performance of top altcoin sectors in the last seven days. The chart compares meme coin performance side by side with other sectors like Artificial Intelligence and Layer 1. AI tokens had a bad start, picked up later in the week and started recovery.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 14. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Dell’s most popular business laptop is over $800 off todayThe Dell Latitude 7640 is a powerhouse PC for the workplace. Save $800 when you purchase a brand-new Latitude directly through Dell while the markdown lasts!
مصدر: DigitalTrends - 🏆 95. / 65 اقرأ أكثر »