Analysts highlight opportunities in the altcoin market, pointing out optimistic prospects for some cryptocurrencies
The price of Bitcoin (BTC) rose more than 5% to 151,236 reais, bringing optimism to the crypto market, with analysts noting that a recovery from US$30,000 levels is just a matter of time and is sustainable.
Antonio Bertuccio, head of strategy at iVi Technologies, highlighted that this week was full of speculation, rumors and expectations surrounding the long-awaited launch of a Bitcoin spot ETF, with all this movement causing the asset to rise more than 10% in the period . Week.
He said that these movements and strong expectations show the market's optimism for 2024 and how the news is interpreted as a gateway to the adoption of cryptocurrency by institutional investors and traditional markets.
A Binance report also highlighted opportunities in the altcoin market
