The crypto market remains in limbo for now, but these two factors could lead to another rally
Bitcoin has slipped by almost 4% over the past 24 hours, according to data provided by CoinMarketCap.
According to JPMorgan, another major American banking institution, cryptocurrency markets have already “found a floor.” The bank’s analysts see Ethereum’s upcoming merge upgrade as the main bullish catalyst for Bitcoin and other cryptocurrencies., Mike Novogratz recently predicted that the price of Bitcoin was unlikely to recover to the $30,000 level in the near future due to the Fed aggressively hiking rates in order to tame inflation. However, the prominent investor remains bullish in the long term.until the largest cryptocurrency would reclaim the $100,000 level.
That said, there are still some Bitcoin traders who are expecting the largest cryptocurrency to reclaim the
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