Over the weekend, Bitcoin rose above $63,000, with the global cryptocurrency market cap reaching $2.28 trillion. Other major cryptocurrencies like Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC) also witnessed gains across the board. Several financial analysts shared their insight on the current crypto market scenario. The debate indicated that the pro-crypto candidate, Donald Trump, has a strong possibility of winning the upcoming elections, which could significantly impact the crypto market. The price growth across the crypto market is possibly driven by the Bitcoin exchange-traded funds (ETFs) and VanEck’s Solana ETF application.

Source: Forbes July 01, 2024 11:49 UTC