Bitcoin shows strength, altcoins explode: New bull run begins?

Bitcoin and the crypto markets have made significant progress over the last 24 hours. Does the correction follow – or does a new bull run begin, as analysts suspect? That and more in our overview.

bull or bear? Is bitcoin on its way up again?

Photo: (YAYMicro)

For weeks, Bitcoin and the crypto markets have been fighting for upward momentum: Although there are always short bursts, BTC always retreats afterwards and stays in its range below $ 40,000. This may change now. At yesterday’s Federal Reserve meeting, Fed Chairman Jerome Powell announced a half percentage point rate hike for the first time in 22 years.

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