#TradeWarEases Let's dive into the world of cryptocurrency.
*Current State of Bitcoin*
- Current price: $103,406.75
- Recent predictions:
- *Short-term*: Potential low of $96,797.80, average price of $96,841.22, and potential high of $97,073.06
- *Long-term*: Potentially reaching $115,000 in 2025, $178,147.02 in 2026, and exceeding $1 million by 2030
*Altcoin Season*
The Altcoin Season Index indicates it's Bitcoin season, with scores ranging from 16% to 24%, below the 75% threshold required for altcoin season. However, some analysts predict altcoin season may be near, citing Bitcoin's dominance peaking and potential for altcoins to surge. Recent outflows from Bitcoin ETPs contrast with inflows in Solana, Cardano, and XRP, which could signal a shift towards altcoins.
*Ethereum Performance*
- Price: $2,348.29
- Market cap: $285.39 billion
- Recent performance statistics:
- 1-day increase: 21%
- 1-week increase: 8.83%
- 1-month increase: 25.79%
*XRP Performance*
- Current price: $2.43
- Market cap: $142.08 billion
- Recent performance statistics:
- 3.53% increase in the last day
- 10.7% higher compared to its value 7 days ago
- 22.3% increase in the last month
*When is Altcoin Season Expected?*
Some experts predict the next altcoin season could arrive in late 2025, especially if Bitcoin's influence weakens. Factors influencing this include ¹:
- *Market stability*: Global economic uncertainty and trade wars may impact altcoin performance. A trade war is an economic conflict where countries raise tariffs or trade barriers against each other, potentially slowing economic growth and causing inflation.
- *Regulations*: Clearer regulations, like Ethereum ETF approvals, could boost confidence in altcoins.
- *Technological advancements*: Projects improving blockchain speed or adding AI tools may attract investors.
In fact, there are signs that trade war tensions may be easing, which could positively impact the global economy and cryptocurrency market. Recently, Trump announced major China tariff cuts, which could ease trade war fea
