Bitcoin continues to hover around $105,000, with most altcoins still struggling to reach expected levels. Concrete steps from Trump regarding cryptocurrencies are anticipated on Monday.
Ethereum and Altcoins
When a cryptocurrency consolidates for an extended period, it indicates ongoing accumulation. The price of ETH has stagnated for months, which is quite frustrating for many investors. However, BTC's dominance is starting to stabilize. For instance, over the past week, more than 330,000 ETH have been accumulated, representing over 1 billion dollars in value.
Fart Coin Price Prediction
Some altcoins suddenly emerge during new bullish cycles, outperforming even established cryptocurrencies. In a recent market assessment, Altcoin Sherpa noted that a price range of $1.10 to $1.20 for #Fartcoin might be a good entry point for investment.
Current Market Condition
As of the writing, BTC is at $105,700, and the market is expected to trigger further rises over the weekend, supported by upcoming ETF data. Unless there are unexpected outcomes regarding Silkroad assets, expectations for Monday should lead to even higher peaks.
The outlook for the cryptocurrency market remains high, focusing on BTC stabilization and potential altcoin growth.
