what are the thoughts on market these days ?
As per me
the cryptocurrency market is experiencing notable developments:
Bitcoin (BTC): Currently trading at $98,618, Bitcoin has seen a 0.7% increase today. Historically, February has been a strong month for Bitcoin, especially in post-halving years, with average returns around 40%.
Dogecoin (DOGE): Priced at $0.261, Dogecoin has decreased by 1.95% today. Recent market volatility, influenced by geopolitical events, has impacted its performance.
Ethereum (ETH): Ethereum is trading at $2,811, reflecting a 0.54% increase today. The broader market trends and technological advancements continue to influence its valuation.
Regulatory Environment: The current U.S. administration is fostering a pro-crypto stance, with potential regulatory changes that could further integrate cryptocurrencies into traditional financial systems.
Overall, while the market shows signs of optimism, investors remain cautious due to ongoing economic and political factors.