3 cryptocurrencies with the potential for an increase and 1 with a risk of decline to keep an eye on
Santiment says that the frenzy of small and large investors may not be the direction of prices, while veteran Peter Brandt points to a 'forgotten cryptocurrency'.
Bitcoin remained sideways early Monday afternoon (28), but the king of cryptocurrencies may be close to a new rally. If the bullish momentum is confirmed, BTC may not be alone, according to Santiment and veteran Peter Brandt.
According to the on-chain monitoring platform, small and large investors are excited about Ethereum, which was trading at $3,788 (-0.7%) with a weekly increase of 56% and 147% since April. However, Santiment noted that the focus of small and large wallets on the leading smart contract token could be the eve of a decline in Ether. On the contrary, the publication added that small and large cryptocurrency wallets may be surprised by the rise of Bitcoin and the rise of Ether, according to the weekly report from cryptocurrency manager CoinShares, which relates to the frenzy of investors for potential new launches of exchange-traded funds (ETFs) based on tokens. Not coincidentally, these buying pressures helped crypto funds reach a monthly record of $11.2 billion in net inflows, a volume nearly 50% higher than the $7.6 billion in December 2024, after the U.S. presidential elections. According to the assessment focused on crypto assets, the report from the cryptocurrency manager highlighted the supremacy of Ethereum and altcoins like Solana, whose respective funds recorded weekly net inflows of $1.59 billion, $311.5 million, $189.6 million, and $8.1 million. Every crypto nerd has their own "pet" or Beanie Baby. I believe that more than 95% of the 11,000 actively traded coins will become nearly worthless, including your "pet".
