Altcoin News Official TheBitTimes.com

A crypto strategist known for accurately calling the 2021 digital asset cycle top believes that altcoins are poised to witness a bounce. The analyst pseudonymously known as Pentoshi tells his 854,200 followers on the social media platform X that he’s accumulating crypto assets believing that the altcoin market is gearing up for a recovery. He says he’s keeping a close watch on the OTHERS chart, which tracks the total market cap of crypto excluding the 10 largest digital assets and stablecoins. “It’s kinda hard for me to be bearish in this range. We can still fill it out more of course and it can chop around. I spoke a lot about taking out money as the bull run progressed and have begun to deploy some of that capital short term.” Source: Pentoshi/X Looking at the trader’s chart, he seems to predict that OTHERS, which some traders refer to as the altcoin index, can still drop to its immediate support at $247 billion before rally...

As interest in crypto continues to grow within traditional finance, the increasing ease with which market participants can add crypto to their portfolios is poised to have a significant impact. This rapid development highlights the rising importance of digital assets in investment strategies. This trend is already evident, as many crypto-based ETFs have been announced. Several other crypto ETF proposals are awaiting regulatory approval, including Solana ETFs and diversified options like the Hashdex Nasdaq Crypto Index ETF. Moreover, if these developments proceed, digital assets will become even more integral to the investment landscape. In light of this, investors search daily for the best crypto to buy right now for potential gains. Best Crypto to Buy Right Now Aave demonstrates a strong trading presence with a market cap of $1.43 billion and a 24-hour trading volume of $394.54 million. Meanwhile, Celestia is gearing up for its first major update, Lemongrass, which will introduce ...

INJ Price Up by 10% in Last 24 Hrs After hitting a monthly low of $6.75, support for the INJ token emerged, swiftly sweeping away the bearish momentum. Consequently, the INJ price skyrocketed to a 24-hour high of $7.96 before facing resistance. Currently, bullish sentiment remains robust in the INJ market, as the price surges by 7.08% from the previous day’s low to $7.81. advertisement Breaking through the $7.96 resistance level could trigger further upward movement, possibly testing the next resistance at $8.50. However, should the bulls fail to penetrate this level, a consolidation phase or minor correction might soon be on the horizon. INJ/USD Source: CoinMarketCap Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List Must Read Best Crypto Trading ...