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Home»Market»Bitcoin increases while Ethereum, Dogecoin Slip – “The market will not culminate in the next 6 months”, explains popular analyst – Grayscale Bitcoin Mini Trust (BTC) Common fractional units Benefits Individual (ARCA: BTC)
Market

Bitcoin increases while Ethereum, Dogecoin Slip – “The market will not culminate in the next 6 months”, explains popular analyst – Grayscale Bitcoin Mini Trust (BTC) Common fractional units Benefits Individual (ARCA: BTC)

May 17, 2025No Comments2 Mins Read
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The largest cryptocurrency in the world continues to dominate the market, representing 62.2% of the total market capitalization of cryptography, which currently amounts to 3.33 billions of dollars.

Cryptocurrency Gains +/- Price (recorded at 11:30 p.m. he)
Bitcoin BTC / USD + 1.30% $ 104,232
Ethereum ETH / USD -0.47% $ 2,577
Mastiff DOGE / USD -3.15% $ 0.2266

Bitcoin domination increased by 0.74% in the last day, while Ethereum’s share fell to 9.3%.

President of the Federal Reserve Jerome Powell said Thursday that the Central Bank is reassessing its approach to inflation and employment as part of a major policies.

The CMC crypto fear and Greed index is currently a score of 69, indicating “greed” on the market. This represents a slight decrease compared to the reading of yesterday of 71 but remains high compared to the score last month of 29, which reported the “fear”, according to CoinmarketCap data.

See also: Bitcoin stands while Ethereum, XRP, Dogecoin Dip: “Do not distract yourself by a short -term noise”, says Trader

Meanwhile, traditional markets show modest gains, with S&P 500 term contracts up 0.0042% to 5,933.50, Nasdaq-100 term contracts gaining 0.020% to 21,404.50, and Dow Jones Industrial Futures Industrial Increasing 0.026% to 42,396.00.

In other markets, gold withdrew around $ 3,220 on Friday, heading for a weekly loss greater than 3%, the softening of global trade tensions between the United States and China reduces its secure security attraction.

The best winners (24 hours)

Disclosure: 82% of CFD retail accounts lose money

Cryptocurrency Gains +/- Price (recorded at 11:30 p.m. he)
Hyperliquid (hype) + 7.87% $ 26.97
Bitget Token (BGB) + 7.03% $ 5.06
History (IP) + 5.94% $ 4.88

Analyst’s remarks: “Bitcoin experienced a certain resistance in last week, being challenged to pass beyond the level of $ 104,000 to $ 105,000”, a Crypto Market intelligence platform, SantlyNoted Thursday. “This” temporary brake pumping “was sufficient to swing the traders slightly lowering once again.”

Despite this short -term resistance, the analyst Michaël Van de Poppe believes that the Haussier market has an important place to operate. “This market will not peak over the next 6 months if we have managed to finish a 4-year-old lower market on Altcoins,” wrote Martinez on the social platform X.

“The previous bear market was 2 years old and had 2 years of bull since. The 4 -year cycle no longer exists,” added Van de Poppe.

PHOTO GUILLY: SONAT YALCIN SUR SHUTTERSTOCK.COM

Read then:

Non-liability clause:: This content was partially produced with the help of AI tools and was examined and published by Benzinga Editors.



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