Bitcoin shows the way? Crypto market cap set to rally 3x – Here’s how

Quick Summary:

While the global crypto market has continued to see a blend of bulls and bears, an analyst has highlighted the possibility of a 3x rally.

Historically, such setups have led to nearly threefold increases in market cap, driven by significant recoveries and price surges in various altcoins.

If this trend holds, it could be a precursor to the broader market rally, as predicted by Marks.

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Article Details

Author / Journalist: Samuel Edyme

Category: Crypto

Markets: United States

Topics: Trading View Featured Ambcrypto News News 1 BTC Trading View Social Bitcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-16 @ 06:00:09 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 544 words

Reading Time: 4 minutes read

Sentences: 29 lines

Sentence Length: 19 words per sentence (average)

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

Copyright Owner: © AMBCrypto

News ID: 22096100

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About AMBCrypto

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 16 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 11 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #103

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