Bitcoin Bull Market Is Far From Over, Galaxy Research Says

Quick Summary:

Galaxy said the world's largest cryptocurrency is expected to retest the $100K level in the near term.

The bitcoin bull market is not over, Galaxy Research said.

The report said increasing institutional adoption and the potential for the creation of bitcoin nation-state reserves mean the crypto should continue its ascent higher.

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Article Details

Author / Journalist: Will Canny

Category: Crypto

Markets: United StatesCuba

Topics: Markets Analysts Galaxy Digital Bitcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-27 @ 15:03:40 (10 hours ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Article Length: 204 words

Reading Time: 2 minutes read

Sentences: 26 lines

Sentence Length: 8 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 23906700

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Main Topics: Crypto

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