Will Wall Street keep banking on crypto: What to get out of your altcoin portfolio
Bitcoin adoption started with Michael Saylor’s Strategy and what was unprecedented is now common practice for hundreds of openly noted business in the US and worldwide. The US federal government’s position on crypto and Bitcoin has actually softened and top altcoins like Ethereum and XRP benefit from the favorable modifications in regulation.
Table of Contents
United States companies gobble up Bitcoin and top cryptos
Bitcoin volatility does not scare investors
Altcoin performance and top 10 weekly gainers
How altcoins could see a shake-up
Expert commentary
United States firms gobble up Bitcoin and leading cryptos. Bitcoin’s (BTC) adoption as a balance sheet asset has improved the king crypto’s potential for accumulation by Wall Street giants and openly listed companies in the United States. Usually, US macro releases influence Bitcoin and altcoin prices as they impact the sentiment among traders.
The United States government’s stance on crypto and Bitcoin has softened, and top altcoins like Ethereum and XRP benefit from the favorable changes in regulation.
Table of Contents
United States firms gobble up Bitcoin and top cryptos
Bitcoin volatility does not frighten investors
Altcoin performance and top 10 weekly gainers
How altcoins could see a shake-up
Professional commentary
United States companies gobble up Bitcoin and top cryptos. Bitcoin’s (BTC) adoption as a balance sheet asset has boosted the king crypto’s potential for accumulation by Wall Street giants and publicly listed firms in the United States. Bitcoin’s acceptance has reached a level where government agencies overseeing mortgages in the US are considering accepting crypto holdings of users as their security/criteria for a home loan from banks. Bitcoin, Ethereum, and XRP are recovering from recent corrections; BTC is back above $107,000, while leading cryptos make a slower return. Normally, US macro releases impact Bitcoin and altcoin prices as they influence the sentiment among traders.