Ethereum

2024

Coin

<ul class="news-points">
 <li>Decreased treasury yields signal multiple rate cuts, boosting altcoins.</li>
 <li>Altcoins historically perform better in the year’s second half.</li>
 <li>Approval of the Ethereum ETF could drive significant investment into altcoins.</li>
</ul>
A crypto analyst has predicted an imminent altcoin bull market, citing falling bond yields, historical price patterns, and the potential approval of an Ethereum Exchange-Traded Fund (ETF) as key drivers.
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 <a href="https://twitter.com/hashtag/Altcoins?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Altcoins</a> are the cheapest in three years! You might wonder whether we’ll be having a bull market for altcoins ever again. I think it’s on the horizon and in this video, I explain which event needs to be happening: <a href="https://t.co/kLK5AWuUPS" target="_blank" rel="noopener noreferrer nofollow">https://t.co/kLK5AWuUPS</a> Multiple arguments can be found for a… <a href="https://t.co/KYHIsTE4OX" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/KYHIsTE4OX</a>— Michaël van de Poppe (@CryptoMichNL) <a href="https://twitter.com/CryptoMichNL/status/1807791565122732143?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 1, 2024</a>
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The analyst observes that while current interest rates are high, an unfavorable indicator for risky assets like cryptocurrencies, yields on treasury bonds have declined significantly. This suggests that the market is anticipating rate cuts sooner than expected, a development that could benefit altcoins.
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 “This means that the markets aren’t pricing in a continuation of the rate hik…
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The post <a href="https://coinedition.com/altcoin-bull-run-expert-analysis-and-market-predictions/" rel="noopener noreferrer nofollow">Altcoin Bull Run: Expert Analysis and Market Predictions</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Altcoin Bull Run: Expert Analysis and Market Predictions

Coin Edition

Alte articole publicate pe 2 iul. 2024

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