The cryptocurrency market is poised for a significant valuation shift, with a potential increase of $300 billion on the horizon, as major cryptocurrencies like Bitcoin, Ethereum, and XRP have seen substantial gains, while assets like Litecoin (LTC), Arbitrum (ARB) are also joining the surge.
This prediction is not unfounded; it’s based on historical data showing that November often brings robust returns, with Bitcoin potentially hitting around $47,000 in the next 30 days.
The optimism is echoed in options data, where traders are actively betting on Bitcoin’s continued ascent. Additionally, a notable spike in spot volume, particularly in large transactions over $100,000, signals strong institutional interest, suggesting that big players are reinforcing their stakes in the market.
Amidst this backdrop ScapesMania is setting the stage for a grand entrance.
So, are Litecoin (LTC) and Arbitrum (ARB) going to explode in the…