🤔 EVERYTHING CHANGED FOR CRYPTO AND THIS IS WHAT THEY HOPE TO HAPPEN WITH BITCOIN
Like most tokens, both Bitcoin and Ethereum traded lower this Friday and lost key marks.
What happened?
This setback comes after weeks of recovery in the crypto ecosystem, driven - in large part - by speculation about the arrival of a Bitcoin spot ETF and the recent decision by the US Federal Reserve (FED) to keep interest rates unchanged. change for the second time in a row.
Although the Fear and Greed Index - which acts as a thermometer of investor behavior - fell by 7 points this Friday, a bullish sentiment still predominates in the market and the risk hunger among traders was not completely lost.
Bitcoin (BTC), the oldest and most popular cryptocurrency in the world, turned red this early Friday and went from trading above $35,000 to $34,193. Indeed, the star token fell by 3.4% in the last 24 hours.
Despite this slip, several analysts continue to maintain a positive view and expect the bullish streak to continue after the rejection. In fact, the financial platform Matrixport predicts that BTC will reach $45,000 this year and $125,000 by the end of 2024.
ETHEREUM (ETH), for its part, lost the $1,800 mark after a 2.8% drop in its price. Thus, the second most relevant cryptocurrency on the market was located around US$1,787.
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