Cryptocurrency Market Insights: Analysts Assess Bitcoin and Altcoins

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Coin-Turk 10 months ago 164

Bitcoin $97,185 is currently priced around $97,000, with tariffs imposed by Trump negatively impacting the cryptocurrency market. The total trading volume of cryptocurrencies has decreased to $111 billion, while platforms featuring questionable tokens are draining liquidity. The total number of tokens across all platforms has surged to 11.1 million; however, only about a thousand of these are considered serious by centralized exchanges.

Current Sentiment on Cryptocurrencies

In today’s assessment, analyst Altcoin Sherpa suggested that the ongoing negativity in cryptocurrencies may not last as long as anticipated. The concern is that altcoins have been steadily losing value since mid-December. With the first quarter almost halfway through,



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