Worth evaluation 9/6: BTC, ETH, ADA, BNB, XRP, SOL, DOGE, DOT, UNI, LINK
Bitcoin’s (BTC) market capitalization is nearing the $1 trillion mark and several other altcoins have additionally been rallying laborious up to now few days. This has pushed the Crypto Worry and Greed Index into the intense greed territory the place the vary fluctuates between 79 and 100. Usually, tops are made when the index hits round 95, which reveals there’s some extra room to run.
PlanB, the creator of the stock-to-flow mannequin, believes that BTC is on track to succeed in $100,000 by Christmas this 12 months. Ultimately, he believes that BTC worth might be a lot greater than $100,000 earlier than the top of the present halving cycle in 2024.
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