Matrixport Predicts: Bitcoin to Reach $50,000 in January, Altcoin Season Could Be Approaching
Matrixport Predicts: Bitcoin to Reach $50,000 in January, Altcoin Season Could Be Approaching
According to a previous report by Zombit, CryptoQuant, a blockchain data analysis company, believes that the market may experience a “Sell The News” situation, predicting that if a Bitcoin spot ETF is approved in January, the Bitcoin price may pull back to $32,000. However, Matrixport believes that the approval of the ETF is unlikely to become a Sell The News event, as the approval of the ETF will make Bitcoin a legitimate asset class for institutional investment portfolios and can be used as collateral to purchase other assets.
Why Did FamilyMart Enter the Cryptocurrency Sector? Trump’s Second Son Reveals the Truth Behind It.
He stated that the family originally had no plans to enter this field, but the banking sys…