Bitcoin News Now: Bitcoin Price Forecast – Why the current Consolidation is a GOOD SIGN?

Also, a lot of factors may come to play to help push the price up:

• Positive news advancements in the crypto world
• Famous people endorsing cryptos
• More general adoption (financial institutions/masses)

Though in increase “hype” may be bad and cause the price to adjust heavily down, there should be a fine line between positive news and a market pump, for the sole purpose of a higher price

The Cryptomarket as a whole

As of today, the whole cryptomarket is seen consolidating in tandem with BTC prices. This is very normal since most cryptocurrencies shot up in prices recently and are currently at important levels (24H):

1- Bitcoin (BTC) : + 0.8 %

2- Ether (ETH) : + 0.7 %

3- Ripple (XRP) : + 1.73 %

4- Tether (USDT) : 0 %

5- Chainlink (LINK) : + 1.2 % 

6- Bitcoin Cash (BCH) : + 1.06 %

7- Litecoin (LTC) : + 3.41 %

8- Cardano (ADA) : + 0.22 %

9- Polkadot (DOT) : + 0.04 %

10- Binance Coin (BNB) : + 0.05 %

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