Michael van de Poppe announced the growth of ether by more than 10% impressive. This is the fund’s strongest move over the past three months, the trader noted.
The capital income to ETH-ETF reached $50 million in just 24 hours after the election of Donald Trump as US President. This confirms that the interest of institutional investors is growing, the expert said:
“Ether has recovered from months of struggle and is now forming a strong counter-difference. But to confirm and continue the trend, it needs to break out of the level above $3,400. “
According to the head of MN Consultancy, a rising cycle of altcoins has begun, able to show new highs due to increased liquidity in the markets and increased risk appetite. He believes that the altcoin cycle will last until 2026 or 2027 and could turn into a full-blown supercycle.
Previously, Michael van de Popp said that participants in the crypto market pay too much attention to the promises of political figures, while the statistics of the American labor market greatly affect the crypto industry.
2024-11-10 17:26:00
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