In the last few of days, BTC and the maximum of the altcoins are rising up steadily. But today the market is almost totally red. Even the BTC have gone down a bit.
I couldn't agree more OP. As of this writing, crypto market is still so brutally red and to think that we were already on the fourth quarter of the year. It is as if that mean old bear is destined to stay. However, crypto analysts says that we should set our eyes for the month of November. Solely because of the Intercontinental Exchanges (ICE) plan to introduce Bitcoin ETFs on November 5th. Using a new cryptocurrency platform Bakkt, ICE intends to launch ETFs in a federally regulated ecosystem. According to The Street, Hermann Finnbjörnsson, Founder and Chief Executive of cryptocurrency advisory firm Svandis, said that he believes that Bitcoin will hit $10,000 by the first week of November.
Assuming that bitcoin will really be having a blast this November, is it possible to expect for altcoins to do the same?