The crypto bull run has 5 catalysts to support continued momentum
Bitcoin and most altcoins wavered on Thursday, June 12, as the recent rally took a breather.
Bitcoin (BTC) dropped below $107,000, down from this week’s high of $110,200. Other altcoins like Ethereum (ETH), Cardano (ADA), and Chainlink (LINK) also retreated. This article explores the top five reasons why a crypto bull run may happen soon.
1. Bitcoin has strong technicals and fundamentals
The first key reason for a potential crypto bull run is Bitcoin’s strong fundamentals.
Demand continues to rise, with spot Bitcoin exchange-traded funds seeing significant inflows this year. Cumulative inflows since their launch in January last year have reached $45.2 billion, with BlackRock’s IBIT holding over $72…
