It's the new year and we are in a bull market. Most of the cryptocurrencies are up today. $BTC surpassed the $45000 mark as we await the spot Bitcoin ETF.
Most crypto traders expect that this will be the biggest bull run of all times. This is likely to be influenced by many factors:
1. The spot Bitcoin ETF will inject Trillions of dollars into the market if it gets approved.
2. The Bitcoin halving is coming up.
3. An expected decrease in interest rates and printing of more money.
4.The liquidity cycle suggests that more money is getting into the crypto market.
Some coins have already seen massive rallies in the past year ,for example, $SOL which has seen a 10× from beginning last year (2023). Tellor Tribute (TRB) has also seen a massive rally, though there are concerns of market manipulation over the past few days where it soared to just above $600.
