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Expert Reveals Why This Crypto Cycle Defies the Norm—What’s Missing?

Bitcoinist LogoBitcoinist11h ago

Expert Reveals Why This Crypto Cycle Defies the Norm—What’s Missing? - Bitcoinist

Quick Summary:

Although there has been a slight bullishness in this current crypto cycle, with Bitcoin (BTC) hitting a new peak above $73,000 in March, it is worth noting that this crypto cycle still appears to be different from other past cycles.

According to the expert, this cycle is strikingly different because it lacks the fundamental technological shifts seen in past cycles.

This is due to the increased involvement of celebrities such as social media personality Andrew Tate, former US President Donald Trump, singer Iggy Azalea, and so on in the crypto community and the debut of instant token launch platforms like pumpdotfun.


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Article Details

Author / Journalist: Samuel Edyme

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-13 @ 04:00:03 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 488 words

Reading Time: 3 minutes read

Sentences: 32 lines

Sentence Length: 16 words per sentence (average)

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

Copyright Owner: © Bitcoinist

News ID: 22057228

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About Bitcoinist

Bitcoinist Logo

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 16 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 12 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

Publisher Details

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The story "Expert Reveals Why This Crypto Cycle Defies the Norm—What’s Missing?" was covered 11 hours ago by Bitcoinist, a news publisher based in Hungary.

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The outlet is headquartered in Hungary and publishes an average of 16 news stories per day.

It's most recent story was published 12 hours ago.

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  • URL: https://beamstart.com/news/expert-reveals-why-this-crypto-17235252754423

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