CryptoQuant places Bitcoin’s cycle peak at $146,000 as Ethereum enters ‘second bull market’; which undervalued crypto will lead the next bull run?
The ongoing bull cycle has caused a notable rise in activity in the crypto market. For Bitcoin, CryptoQuant projects a $146,000 cycle high. In the meantime, the firm predicts Ethereum to follow a historical pattern in its MVRV Ratio to enter a second bull market. Despite the positivity in the top two cryptocurrencies, a growing […]
Bitcoin ETF approvals to drive $1T crypto market surge: CryptoQuant
CryptoQuant forecasts Bitcoin’s market cap could hit $900 billion if Bitcoin spot ETFs are approved. The report also forecasts that $1 trillion could be added to the entire crypto market. The various spot Bitcoin ETFs may be approved by March 2024, signalling a new era of crypto adoption. In a recent report, data analytics firm […]