Bitcoin 
$121,394.05In the US markets, the first trading day of the week declined to exceed $ 123,000. The BTC, which fell below $ 120,000 towards the closing, increased by 0.6 percent in the 24 -hour period. Ethereum from other leading crypto assets 
$3,060.16As Ether descends below $ 3,000 again, Dogecoin 
$0.205784Cardano 
$0.746697is the island and Stellar 
$0.450423‘s XLM depreciated by 2-3 percent throughout the day. After the US market closing, some recovery was observed in subcoins.
Altcoin bull has not yet started
While a slimming was followed throughout the market, some large crypto currencies were positively decomposed. XRP, SUI and Uniswap’s UNI token gained 2.5 percent, 10 percent and 6 percent, respectively. Some of the mornings in the morning shares of the crypto currency market have been given back in the morning. However, Strategy (MSTR) and Galaxy (GLXY) still closed the day on the day at 3 to 4 percent. Coinbase (CoIN) shares recorded a 1.5 percent rise.
In the crypto market, Bitcoin rises more than 10 percent in the last week and some subcoins were more valued in the short term, prices could be emphasized for a while, and some investors could also realize profit realization. However, analysts say that despite the rally, the market has not yet reached the summit.
Arca’s investment director Jeff Dorman said, “The current rally is absolutely not close to previous important summits.”
Derman pointed out that the open positions in Altcoin derivatives during the subtractions of the SPOTOIN ETF in March 2024 or during the end of the political developments at the end of 2024/2025, exceeding Bitcoin. In the current situation, such a distribution is not observed yet in the open positions in the market.
Although the transaction volumes of Bitcoin and other crypto assets increase with a 23 percent increase compared to the beginning of the week, the transaction volumes are still lower compared to the extensive market increases in the past. Market observers evaluate that this indicator indicates that the enthusiasm in the market may be limited. So the bull of Altcoin has not yet started.
Long -term expectations
Eric Demouth, CEO of the Bitpanda stock exchange operating in the European region, argued that one of the main reasons for the increase in Bitcoin prices is increasing state debts and investors looking for safe harbor against inflation. Demouth, BTC price of 200,000 euros ($ 233,000) is likely to reach, while the price targets of the adoption of Bitcoin is more important, he said.
Eric Demograph: “What will happen when Bitcoin is permanently involved in the reserves of the big investors, states or global banking infrastructure? Because this process is happening right now.”
According to the analyst, the total market value of Bitcoin in the coming years can be expected to gradually equalize with the market value of gold, which is currently about 22 trillion dollars and nine times larger than Bitcoin.
According to the evaluations of experts and sector representatives, the mobility observed in crypto currency markets continues due to short -term sales prints and investor interest. Processing volumes and open position distributions do not offer a definite sign that the markets are overheating yet. In the long run, especially macroeconomic conditions and more crypto assets to major investors’ portfolios may stand out as determining the integration process of Bitcoin into the financial system.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
