📈 Bitcoin updates its maximum: forecasts for the future of the crypto market
On July 11, the price of Bitcoin first exceeded the mark of $118 thousand. Experts expect that by the end of the year it could reach $150 thousand, while Ethereum could rise to $4 thousand. The main reasons for the success of the leading cryptocurrency are related to the influx of capital into Bitcoin funds (ETFs) and the supply shortage on exchanges.
Analysts link the growth to expectations of a softening of the monetary policy of the U.S. Federal Reserve, which positively affects risky assets, including cryptocurrencies. Currently, Bitcoin is trading around $117.6 thousand, while Ethereum has returned to $3 thousand. Professional traders note that further growth is possible, but there are no clear signals for the rest of the altcoin market yet.
