$BTC $ETH $BNB
Price analysis 4/2: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, ADA, AVAX
Bitcoin and select altcoins rallied sharply in Q1 2024, but the near term may witness a correction.
Risky assets have been on a roll in the first quarter of 2024. The S&P 500 Index (SPX) rose 10.2% to record its best first-quarter performance since 2019, while Bitcoin
tickers down
$65,978
rallied nearly 69%. Will the rally continue into the second quarter, or is it time for profit booking?
Investors remain upbeat on Bitcoin’s prospects for the second quarter. Expectations of a pick up in institutional demand for spot Bitcoin exchange-traded funds and Bitcoin’s halving is helping maintain the bullish sentiment.
