BITCOIN STUMBLES AS ALTCOIN BULL RUN KICKS OFF!

Bitcoin's recent stumble below $118,000 hasn't deterred the crypto market, with altcoins taking center stage. Here's what's happening :

Bitcoin's Price Movement: Bitcoin's price is currently stuck near $117,000, with traders anticipating a potential breakout. The cryptocurrency is moving within a triangle pattern, staying above strong support around $116,000 to $117,000.

Altcoin Surge: Altcoins, on the other hand, are gaining momentum. Ethereum (ETH) has breached $3,800, a level not seen since December last year, and is trading over 2% higher at $3,722. Other notable gainers include:

- Conflux (CFX): Up 103.82% in the past 24 hours, thanks to a partnership with AnchorX, Dongxin, and Ping An to launch a Shanghai government-backed offshore RMB stablecoin pilot.

- ethena (ENA): Rose 12.11%

-JasmyCoin (JASMY): Advanced 9.47%

Dogecoin (DOGE): Posted a 5.74% gain

-

XRP: Hit a historic milestone, reaching a new all-time high of $3.60 before pulling back to $3.40, still good for a 4% daily pop and a 35% weekly gain

Analysts believe the crypto bull run is far from over, with some predicting Bitcoin to reach $125,000 or higher. The market's resilience and steady accumulation suggest a strong foundation for further growth .#BTCvsETH #ETHBreaks3700 #NFTMarketWatch #CryptoMarket4T $BTC