Analysts Predict 'Crypto Santa Rally' with Alcoins Set to Soar Cryptocurrency analysts are forecasting a significant upswing in digital asset prices approaching the Christmas season, with several altcoins poised to reach new highs. According to a report by DL News, there is growing anticipation among experts for an extended altcoin season and a potential "Santa Claus rally" in the cryptocurrency market. Mena Theodorou, co-founder of Coinstash, stated, "The sentiment is shifting towards a strong altcoin season and a possible Santa rally." Nexo's Liya Kalchev predicted that this upswing could drive Ethereum's price beyond the $5,000 mark by early 2025. Over the past decade, cryptocurrencies have experienced price gains during eight out of ten Christmas seasons. The election of Donald Trump as U.S. President in January 2017 and increased institutional adoption of cryptocurrencies are also cited as tailwinds for the anticipated rally.

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