Despite global political tensions, Bitcoin's price continues to rise, surpassing the $108,500 mark. This is attracting attention to market analyses and predictions for other altcoins such as FET and Ethereum.
Bitcoin's Price and Global Events
Bitcoin shows growth even when international situations remain tense. While it is uncertain what events lie ahead for the market, a de-escalation in geopolitical tensions could positively impact crypto investors.
Predictions for FET Coin
FET, an altcoin focused on artificial intelligence, gained significant attention with the rise of ChatGPT. Despite falling below $1, forecasts indicate a potential recovery to $2.19, according to analyst Waleed Ahmet.
Aggressive Ethereum Purchases and New Trends
In light of current events, there is an increasing interest from major Ethereum holders. Recent charts show that these buyers have stepped up their investments, which may indicate an upcoming market growth. Additionally, there is growing attention to the 'Super Cycle' theory of Bitcoin, adding additional factors such as stable governmental support and increased interest from institutional investors.
The cryptocurrency market demonstrates the ability to grow even in conditions of global instability. Expectations regarding the prices of various cryptocurrencies, such as FET and Ethereum, may indicate future changes in this market.
