Ethereum has broken $2,000 as part of a broader altcoin rally while Bitcoin reclaims $100,000, though analysts warn that growing social media excitement about “altseason” amid Trump’s economic policies could signal caution for investors.
In light of recent downturns in the cryptocurrency market, financial experts are shifting their focus towards S&P investments as a more stable alternative, offering a pathway for investors concerned about volatility.
Following the Federal Reserve’s announcement of a significant policy shift, concerns over a potential Bitcoin price crash have intensified, influenced by comments from former President Donald Trump.
Amidst a massive $400 million crypto bloodbath, XRP’s trading volume skyrocketed by an astonishing 80%, surpassing $4 billion, as investors scrambled to liquidate long positions, resulting in a surge of market activity.
Solana suffered a double-digit decline this week, losing over 12% of its value, as active addresses and trading volume dropped significantly, contributing to the bearish outlook for the token.
