Analyst: Current Bull Market Cycle Driven by Institutions, Uncertainty Remains Over Whether Altcoins Will Benefit
Odaily Planet Daily reported that Presto Research analyst Min Jung stated that supported by sustained institutional demand—especially from cryptocurrency asset management firms—Bitcoin continues to hover near its all-time highs. ETH prices have also benefited from institutional investor momentum, with a growing number of publicly listed companies beginning to include ETH in their corporate treasuries. The market is showing early signs of an altcoin season, but it remains uncertain whether this strong momentum will extend to the broader altcoin market. (The Block)
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