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Bitcoin, Ethereum, Solana and Crypto Markets Look Ready To ‘Send’ As Stars Align, According to Investor Chris Burniske – The Daily Hodl

21 July 2024
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Crypto investor Chris Burniske says that Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and the crypto market basically look able to make a run.

The previous head of crypto at ARK Make investments tells his 292,200 followers on the social media platform X that a number of catalysts are actually lining up, hinting that digital asset markets are on the verge of a rally.

Based on Burniske, a accomplice at enterprise capital agency Placeholder, the extremely anticipated launch of Ethereum-based exchange-traded funds (ETFs), Republican presidential candidate Donald Trump talking at an upcoming Bitcoin occasion and the present state of BTC, ETH, and SOL charts all recommend main bullishness for crypto markets.

“With ETH ETFs slated to go reside, Trump talking at The Bitcoin Convention, and BTC, ETH, SOL charts that appear like [they do] (whereas equities are weak), it’s exhausting to see a world the place we don’t ship subsequent week.”

Reuters just lately reported that preliminary approval for ETH ETFs was granted whereas The Bitcoin Convention is ready to happen from July Twenty fifth-July twenty seventh.

BTC, ETH, and SOL are buying and selling for $67,333, $3,528 and $174 at time of writing, respectively.

The enterprise capitalist additionally offers an replace on his prediction that the entire market cap of crypto property will finally attain $10 trillion. Based on his chart, the highway to $10 trillion is at present “23%” full because it sits round $2.2 trillion.

Supply: Chris BurniskeX

Earlier this month, Burniske stated in an interview with Actual Imaginative and prescient CEO Raoul Paul that he’s protecting a detailed eye on the Transfer ecosystem, which was initially constructed by social media big Meta after which used to develop layer-1 blockchains Sui (SUI) and Aptos (APT).

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Disclaimer: Opinions expressed at The Day by day Hodl should not funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your individual threat, and any losses it’s possible you’ll incur are your duty. The Day by day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital property, neither is The Day by day Hodl an funding advisor. Please word that The Day by day Hodl participates in internet affiliate marketing.

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Tags: AlignBitcoinBurniskeChrisCryptoDailyEthereumHodlInvestorMarketsReadySendSolanaStars
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