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Analysts Predict Altcoin Market Rally Amid Bitcoin's Price Decline /
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2024-06-10 10:05:55

Analysts Predict Altcoin Market Rally Amid Bitcoin's Price Decline on Nostr: Economist Predicts Altcoins Set To Go 'Flying' in Blow-Off Top Style Euphoric Bull ...

Economist Predicts Altcoins Set To Go 'Flying' in Blow-Off Top Style Euphoric Bull Run
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#41c0d439 ver:0.13

Analysts predict a potential breakout in the altcoin market, with a rally that could drive the market valuation to $4 trillion. Retail investors are attracted to altcoins with at least $1 billion market caps, particularly in the AI, tokenized real-world assets, and stablecoin subsectors. Top altcoin picks include Oxo, RWeave, and Pepe, showcasing diverse opportunities. Economist Henrik Zeberg predicts a parabolic run to new highs before a global economic recession, with the altcoin market reaching $1.83 trillion. Central banks cutting rates indicate a late cycle or new economic expansion. #altcoins #cryptocurrency #AI #stablecoins #economicrecession...

#newstr #Altcoins #Bitcoin #Ethereum #CryptoMarket #ParabolicRun #MarketCap #Recession #CentralBanks #InterestRates #BankOfCanada

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