Crypto Markets Surge as Historical Patterns Resurface
2025-07-02 20:32:07
Main Idea
The article discusses recent developments in the cryptocurrency market, including historical performance trends, short-term predictions, and the impact of regulatory actions like the SEC's review of Grayscale's ETF.
Key Points
1. The 'sell and go on vacation' phenomenon did not occur in May, and BTC found buyers above $109,500.
2. Lark Davis suggests BTC could reach $140,000 based on historical trends, potentially leading to rallies in altcoins.
3. ETHBTC's performance is crucial for altcoin investors, with ETHUSDT surpassing $2,600 and ETHBTC reclaiming the 0.02360 base.
4. The SEC is reviewing Grayscale's cryptocurrency basket ETF approval again, adding uncertainty to the market.
5. Short-term predictions caution volatility due to the US holiday week, with clearer trends expected post-holiday.
Description
The third quarter began with significant developments in the crypto market. BTC could potentially reach $140,000 based on historical data. Continue Reading: Crypto Markets Surge as Historical Patterns Resurface The post Crypto Markets Surge as Historical Patterns Resurface appeared first on COINTURK NEWS .
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