BITCOIN AND ALTCOINS SEASON PREDICTION
- Bitcoin is predicted to trade in a range between $60,000 and $70,000 in the coming months.
- The Grayscale’s Bitcoin Trust ETF has seen its first day of net inflows, following over $17.5 billion in outflows since the launch of spot Bitcoin ETFs in January.
- Bitcoin sank 4% before the US Federal Reserve's interest rate call, and after a mixed launch in Hong Kong of investment products tracking the world's top cryptocurrency and rival ether.
- Bitcoin and Ethereum values dropped as investors awaited the Federal Reserve's interest rate decision.
- Bitcoin ETFs flash signs of stress as discounts reach records.
ALTCOIN SEASON
- Altcoin Season Could Start As Early As Next Week, According To Analysts.
- Bitcoin’s dominance may have peaked, signaling the start of the altcoin season.
- Bitcoin’s share of the crypto market falls in sign the altcoin season is back.
- Altcoin Season Alert: Best Entry Points for XRP, BNB, and Raboo Before Summer Surge.
- Crypto Analyst Michaël van de Poppe Decodes whether the Altcoin Season is Over or Just Getting Started?
CONCLUSION
-The latest news about the Altcoin season is that it's expected to start as early as next week.
-The altcoin season is a term used to describe when altcoins outperform Bitcoin.
-Some altcoins that are poised for explosive growth in 2024 include TAO, ORDI, INJ, NEAR and TNSR.
