Altcoin Market Gives Complex Signals: According to Experts, Bulls Need Additional Support - Coin Bulletin

There has been no slowdown in the movement of the cryptocurrency market in the last 24 hours. While Dogecoin (DOGE) lost 2.5% of its value, Solana (SOL) saw a 7.6% increase and HYPE token saw a 14.6% increase.

These dynamic market movements draw investors' attention, while macroeconomic developments and political expectations stand out.

BTSE COO Jeff Mei said, "Crypto markets are volatile due to investors taking profits and waiting for the impact of tariffs the US may impose on Mexico and Canada. However, in the coming days and weeks, we expect Trump to reverse the Biden administration's anti-crypto policies. The appointment of crypto-friendly Caroline Pham to the CFTC signals this."

FxPro analyst Alex Kuptsikevich confirmed this recovery trend in the market and used the following statement:

"Bitcoin traded at $105,000 and quickly recovered when it fell to $101,000 on Tuesday. However, when it reached $107,000 on Wednesday afternoon, selling pressure increased. The market is optimistic, but an additional catalyst is needed for new momentum."