The post Can’t Wait On A Bitcoin Or Binance Bull Run, Jump Ship To The Altcoin Defying The Market Sentiment appeared on BitcoinEthereumNews.com.

The crypto market bottomed in July 2022, and since then, key cryptos Bitcoin (BTC) and Binance Coin have been bullish. However, in every bull run, there are dips and troughs, as we’ve experienced since March, and both BTC and BNB price actions have left the market frustrated. It’s not all doom and gloom, however. If you dig deep into the market, you’ll see a new presale AI meme coin, Raboo ($RABT), is smashing it. In fact, the presale has now raised well over $2.3m, but with analyst predictions of 100x ROI, it’s still clearly early.  Bitcoin should be a part of everyone’s portfolio Without Bitcoin, there would be no crypto market. And there simply isn’t another crypto that comes close in brand recognition to BTC. Anyone with an investment portfolio should definitely have a portion of it dedicated to Bitcoin, even if the biggest returns are in its rearview mirror. With an expected drop in interest rates this month and further drops expected over the next 18 months, things should start turning bullish again for Bitcoin. Many analysts are predicting a minimum $150k price target for the BTC price at the peak of this bull run, so for those with patience, it’s a good investment. BNB is struggling now the bull run has halted Binance Coin, or BNB as it’s now known, has been one of the best-performing assets of the last 12 months, up 125%. However, that doesn’t paint the whole picture because the BNB price peaked in June and is now down over 30% since then. No doubt, BNB will bounce back; after all, it is the utility token to the biggest crypto network. BNB is one of the main contenders in the crypto market, but in the short term, investors are fleeing established cryptos in search of…

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Filed under: News - @ September 7, 2024 12:19 pm