The crypto market is poised for a bull run, with whales focusing on key projects like Solana, XRP, Ethereum, and PlutoChain. Solana is recognized for its speed in DeFi and NFTs, while XRP benefits from institutional support. PlutoChain aims to merge Bitcoin's security with Ethereum's flexibility, potentially enabling smart contracts on Bitcoin's network.
Bitcoin has faced a 13% dip, dropping to $92,149 after reaching a record high of over $108,000, influenced by hawkish signals from the US Federal Reserve and a historic $680 million outflow from Bitcoin ETFs. Analysts suggest that while caution is warranted, historical patterns indicate a potential rebound, reminiscent of past market recoveries.
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