Crypto Price Prediction: The cryptocurrency market is regaining its bullish momentum after a surge in volatility in weekdays, as Bitcoin enters a price discovery mode. On Friday, the BTC price surged to a new all-time high of $70000 encouraging the altcoin for a prolonged recovery trend. Notably the memecoin actors and tokens related to AI(Artificial Intelligence) recorded the highest growth and were a key driving force for a broader market rally
Santiment, a recognized player in crypto analytics, recently highlighted the exceptional performance of major cryptocurrencies against traditional assets. In a week where Bitcoin and Ethereum surged by 10.0% and 14.7% respectively, they notably outperformed the S&P 500’s modest gain of 0.5%.
Historically, bull markets in the crypto domain have shown little to no correlation with the equity market. This emerging trend could suggest a significant shift in investor sentiment, as the market ecosystem evolves to view cryptocurrencies as a m
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