📌 Daily Summary
● LIVE TRACKINGThe Bitcoin bear market has been declared over by an analytics firm, signaling the onset of a new bull market, with projections suggesting potential peak price levels. In response to the recently released preliminary inflation data from the Federal Reserve, Bitcoin exhibited initial volatility, reflecting ongoing market sensitivity to macroeconomic indicators. Additionally, Binance CEO CZ addressed the late listing of an altcoin endorsed by Donald Trump, providing insights into the decision-making process. Standard Chartered has continued its bullish altcoin series, offering positive forecasts for a new altcoin, while Grayscale's comparative analysis of Bitcoin and XRP has sparked discussions about potential bullish signals for the latter. Lastly, BitMEX founder Arthur Hayes has divulged his year-end price predictions for Ethereum, adding to the growing optimism surrounding the cryptocurrency market.
13:41
An analytics firm predicts that Bitcoin's bear market is over and estimates the likely scenario for this cycle is between $185,000 and $215,000.
12:38
PCE data has been released in the US. How did Bitcoin and the Dollar (DXY) react? How will personal consumption expenditures affect the BTC price?
12:22
CZ has provided explanations regarding the reasons why the popular altcoin HYPE was not previously listed on Binance.
11:18
British banking giant Standard Chartered continues to keep an eye on altcoins with upside potential, in addition to…
10:16
Grayscale compared Zcash to Bitcoin and stated that ZEC could further increase its market capitalization ratio to Bitcoin's (BTC).
