Altcoin Market Surges to $1.1 Trillion: Analysts Predict Massive Gains and Historic ETF Impact

May 29, 2024
Altcoin Market Surges to $1.1 Trillion: Analysts Predict Massive Gains and Historic ETF Impact
  • The altcoin market has surged past $1.1 trillion, signaling a potential 'altseason'.

  • An inverse head-and-shoulders pattern indicates a possible triple increase in market cap.

  • Influencer Lark Davis predicts Bitcoin to reach $150,000 and Ethereum $15,000, attributing this to the impact of ETFs.

  • Grayscale's upcoming ETH ETF is anticipated to attract significant investments, potentially making altcoin history.

  • Bitcoin ETFs in the US have already garnered over $2 billion in the last two weeks, driving market growth.

  • With altcoin market dominance on the rise and Bitcoin's dominance declining, experts remain optimistic about increased market capitalization and exciting price hikes across altcoins.

Summary based on 2 sources


Get a daily email with more Crypto stories

More Stories