The markets haven't shown any sign of slowing down in 2024. The final confirmation that a new bull market is well underway came in January, with positive first-quarter performance and improving financial conditions inspiring a bright outlook for the year. Forget AI-plays, meme stocks, gold, even cocoa futures, the biggest bull market right now is in equity acronyms.
BTC price action may be upsetting for leveraged longs, but Bitcoin market observers are finding reasons for optimism. Bitwise Asset Management believes that “bitcoin is in a raging bull market” in the long term. Its chief executive anticipates the upcoming surge in the cryptocurrency market.
Mark Cudmore and Guy Johnson break down today's key themes for analysts and investors on “Bloomberg Markets Today.” This article examines seven newcomers in the crypto trading landscape with the potential for explosive rallies this bull season. Solana-based memecoins have surpassed others, pushing the memecoin total capitalization to $70 billion on the 1st of April.