Odaily Planet Daily News, Shoki Omori, Chief Japanese Strategist at Mizuho Securities Tokyo Branch, said: "If BTC is going to pump further, other major cryptocurrencies should catch up first, such as Ethereum. Compared to BTC, Ethereum looks cheap. Ripple (Ripple) has pumped once, but we are seeing profit-taking at its price of $2.80. Altcoins are fluctuating dramatically. The cryptocurrency community is looking for positive news to boost cryptocurrency prices in general. With the market already digesting many Trump-related news, the favorable factors brought by Trump trades are starting to weaken.
Shoki Omori added: 'After the news of Gary Gensler's nomination as SEC chairman was announced, retail investors must be very excited to see BTC price surpass $100,000. The market knows that Gensler will step down and there will be someone with a less strict attitude towards cryptocurrency regulation taking over. Of course, this doesn't mean that BTC will pump forever, as the market will have profit-taking actions.' (Reuters)
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Rakuten Securities: si BTC se dispara aún más, ETH y otros principales Activos Cripto deberían seguirle de cerca
Odaily Planet Daily News, Shoki Omori, Chief Japanese Strategist at Mizuho Securities Tokyo Branch, said: "If BTC is going to pump further, other major cryptocurrencies should catch up first, such as Ethereum. Compared to BTC, Ethereum looks cheap. Ripple (Ripple) has pumped once, but we are seeing profit-taking at its price of $2.80. Altcoins are fluctuating dramatically. The cryptocurrency community is looking for positive news to boost cryptocurrency prices in general. With the market already digesting many Trump-related news, the favorable factors brought by Trump trades are starting to weaken. Shoki Omori added: 'After the news of Gary Gensler's nomination as SEC chairman was announced, retail investors must be very excited to see BTC price surpass $100,000. The market knows that Gensler will step down and there will be someone with a less strict attitude towards cryptocurrency regulation taking over. Of course, this doesn't mean that BTC will pump forever, as the market will have profit-taking actions.' (Reuters)