Less than 24 hours after the quadrennial halving in Bitcoin’s ecosystem, a number of tokens and cryptocurrencies in the market have seen upward movements in their price action.
While other projects saw little or upward price movements, altcoins like Ethereum, Tron, and Bitgert enjoyed price swings of approximately 3.9%, 1.5%, and 4.7%, respectively, during this window.
Experts have tried to investigate why this is the case for Ethereum, Tron, and Bitgert and what it could mean for their price action in the long term.
Today, we would like to share the thoughts of these market experts.
What Next for Ethereum?
The second-largest cryptocurrency in the market has been under a steady correction since late March. ETH’s price action since then has shown signs of a bullish reversal, indicating buyers will continue to accumulate Ethereum despite its dip in price.
Moreover, there is growing optimism in the market about the…