Bitcoin Flirts With $28K, Ethereum, Dogecoin Rise Too On Debt-Ceiling Deal: Analyst Known For Calling Bottom Sees Apex Crypto At $29K — But There's A Catch
Portfolio Pulse from Mehab Qureshi
Major cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, experienced significant gains following news of a White House deal to avert a debt ceiling crisis. The global crypto market capitalization increased by 2.93% to $1.17 trillion. Analysts predict a temporary rebound for Bitcoin, with a potential surge towards $29,000, but expect it to return to a downward trajectory.
May 29, 2023 | 2:55 am
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Bitcoin experienced significant gains following news of a White House deal to avert a debt ceiling crisis. Analysts predict a temporary rebound for Bitcoin, with a potential surge towards $29,000, but expect it to return to a downward trajectory.
The news of the White House deal to avert a debt ceiling crisis has led to a surge in major cryptocurrencies, including Bitcoin. Analysts predict a temporary rebound for Bitcoin, with a potential surge towards $29,000, but expect it to return to a downward trajectory. This indicates a short-term positive impact on Bitcoin's price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Dogecoin experienced gains following news of a White House deal to avert a debt ceiling crisis. The global crypto market capitalization increased by 2.93% to $1.17 trillion.
The news of the White House deal to avert a debt ceiling crisis has led to a surge in major cryptocurrencies, including Dogecoin. The global crypto market capitalization increased by 2.93% to $1.17 trillion. This indicates a short-term positive impact on Dogecoin's price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Ethereum experienced significant gains following news of a White House deal to avert a debt ceiling crisis. The global crypto market capitalization increased by 2.93% to $1.17 trillion.
The news of the White House deal to avert a debt ceiling crisis has led to a surge in major cryptocurrencies, including Ethereum. The global crypto market capitalization increased by 2.93% to $1.17 trillion. This indicates a short-term positive impact on Ethereum's price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100