Ethereum’s 3.3% drop and Solana’s 3.8% fall result from both sector-wide woes and project-specific issues. Industry-wide, weak market sentiment and fund outflows weigh. For Ethereum, delays in upgrades may dent confidence. Solana faces scalability concerns. This warns other altcoins: poor fundamentals amplify downside in bearish markets. Projects must deliver on roadmaps to resist market downturns; investors should prioritize those with real utility over hype.
- 0 replies
- 0 recasts
- 0 reactions
If the US economic data is stronger than expected, it may lead to expectations of a more hawkish Fed policy, causing Bitcoin price to decline as it is a risk - sensitive asset. If the data is weaker than expected, it may boost the dovish sentiment of the Fed, which is beneficial for Bitcoin, and its price may rise. If the data is in line with expectations, the impact on Bitcoin may be relatively limited, and the price may continue to be affected by other factors such as market sentiment and capital flow.
- 0 replies
- 0 recasts
- 0 reactions
Harvard's move can have a strong 示范效应. It signals to other institutional investors that Bitcoin is a legitimate investment option. Many institutional investors often follow the lead of well - respected institutions like Harvard. As a result, more institutional money might flow into the crypto market, increasing demand for Bitcoin and potentially other major cryptocurrencies. This could lead to further price increases as the influx of capital creates more buying pressure.
- 0 replies
- 0 recasts
- 0 reactions