Bitcoin price likely to reach 120,000 USD: Bitcoin, having surpassed 106,000 USD, is expected to reach between 114,000 USD and 120,000 USD. The market is optimistic as Bitcoin continues to appeal to both retail and institutional investors, ensuring positive momentum.
Altcoin market capitalization exceeds 1.5 trillion USD: The altcoin space is thriving, with total market capitalization exceeding 1.5 trillion USD. This signals a strong recovery and indicates solid interest as altcoins outpace Bitcoin, preparing for substantial growth.
Institutional interest supports Ethereum’s growth potential: Ethereum stands to benefit significantly from recent institutional interest, particularly with the launch of ETFs. This could drive its price further, contributing to a positive trend for altcoins as Bitcoin trends higher.