The sharp drop means bitcoin had temporarily erased all its gains following Tesla's announcement that it would purchase $1.5 billion worth of the cryptocurrency. It was also down more than 50% since hitting a record high of $64,829 in mid-April
is there any other cryptocurrency that can be rise n future ? if yes then proper details which one is ?
i think this future isnt a short term, so the proper cryptocurrency which could rise is the one who have a good fundamentals and community, if the issue of climate change keep goin then the criteria of the coin must be run on PoS or dPoS mechanism. So, it could be BNB, ETH (If ETH 2.0 applied), EOS, WAX, etc.
The needs of analyzing and anticipating what trends might awaits the future is very important, we can speculate and gives our decent opinions to whatever assets we are now supporting, but just the same future is not ours to know, what we are thinking now is way different from what future may bring.
Crypto always have surprises and it's no doubt that we need to pick our asset to hold according to how we see the fundamentals and how that may progress along the way, supports and achievements will attract bigger success from each available assets that have solid team behind.