Bitcoin and Altcoins: Crypto news for the middle of the week - top market analysis

Bitcoin and Altcoins: Crypto news for the middle of the week - top market analysis

According to a report by www.btc-echo.de,

The crypto market continues to post moderate gains, with Ethereum (ETH) gaining momentum recently after relative underperformance in previous weeks. The market capitalization in the crypto market is benefiting from a strong increase in the classic US stock market in the last 12 months. Despite Apple's worse-than-expected quarterly figures, the correction on the US stock market appears to be over. The course seems to be set for a year-end rally.

A relevant factor for further price development depends on the economic data from the traditional financial world. But what dates are coming up this trading week? An overview.

Given the positive price development on the crypto market in conjunction with the strong rise in the US stock market and the pause on key interest rates in the USA, it is likely that the positive price development on the crypto market will continue in the coming weeks. The prospects for a year-end rally are favorable as the traditional financial world and the crypto market are developing positively. This could lead to a further increase in prices on both markets. However, it is important to closely monitor and analyze the economic data from the traditional financial world in order to assess further developments and possible impacts.