The cryptocurrency market experienced a 1.4% decline in total market capitalization over the past 24 hours, with all top 10 cryptocurrencies, excluding stablecoins, showing losses. Despite this, analysts maintain a positive outlook on the ongoing bull run. Crypto Dan highlighted that the market is less overheated than in previous cycles, indicating a limited correction phase. Historical trends suggest altcoins often rally during overheated market conditions. Additionally, potential macroeconomic developments, such as a Federal Reserve rate cut and a Treasury debt buyback, are viewed as possible triggers for further market growth. Analysts remain confident in the continuation of the bullish cycle.
Analysts Predict Continued Crypto Bull Run Despite Market Correction
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