Key developments:
1. Bitcoin and Ripple Drop 📉
Bitcoin price has fallen below $96,000, while Ripple (XRP) has seen a 10% daily decline. These fluctuations have affected most of the high-cap cryptocurrencies, raising concerns among investors about the sustainability of the recent bullish momentum【342】【343】.
2. Some currencies rise after the US elections 🗳️
Following the US election results, coins like Ripple (XRP), Cardano (ADA), and Solana (SOL) have seen significant gains, thanks to expectations of supportive regulatory measures from the new administration. This boosts hopes for a more favorable environment for cryptocurrencies【343】.
3. New projects on the horizon 🚀
Sui Foundation and Franklin Templeton announced a strategic partnership to promote the use of cryptocurrencies in digital assets. This reflects the growing expansion of cryptocurrency projects in traditional capital markets【343】.
4. Innovations in crypto infrastructure 🛠️
Layer-1 projects like Solana and Avalanche continue to make progress thanks to new technologies like sharding and increased scalability. This makes them an attractive option for investors interested in long-term projects【343】.
Future expectations 🔮
Bitcoin: Despite the recent decline, expectations of reaching the $100,000 barrier remain, with the possibility of purchasing power returning to the market.
Altcoins: Expected to continue to benefit from a supportive regulatory environment and increased use of decentralized applications.
Tips for investors 🧠
Diversify between cryptocurrencies to reduce risk.
Follow economic and political news that may affect the market.
Investing in projects with real value and tangible uses.
Make sure to do your own research before making any decisions.
Investment advice to ensure the safety of your investments!
