Cryptocurrency Market Rebounds, Experts Predict Major Rally After US Election
Bitcoin and Ethereum have both risen by 12% and 11% respectively over the past week, leading to a rebound in the crypto market after a rough period. Other altcoins including Cardano, Solana, Dogecoin, Shiba Inu, BNB, and XRP have also seen significant gains. Analysts are predicting a potential rally, with some citing the passing of risks such as a Bitcoin pullback and the end of the yen carry trade. The upcoming US election is also a factor, with some predicting a potential Bitcoin rally if Trump is re-elected, while others believe that crypto will rise regardless of the outcome due to increased deficit spending.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CandyBomb x POWER: Trade to share 4,387,500 POWER
New users get a 100 USDT margin gift—Trade to earn up to 1888 USDT!
Bitget Spot Margin Announcement on Suspension of DOG/USDT, ORDER/USDT, BSV/USDT, STETH/USDT Margin Trading Services
BGB holders' Christmas and New Year carnival: Buy 1 BGB and win up to 2026 BGB!
