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Michaël van de Poppe Highlights Bull Cycle in Altcoins and Bitcoin Amidst Weak Dollar | Flash News Detail | Blockchain.News
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2/14/2025 6:25:35 AM

Michaël van de Poppe Highlights Bull Cycle in Altcoins and Bitcoin Amidst Weak Dollar

Michaël van de Poppe Highlights Bull Cycle in Altcoins and Bitcoin Amidst Weak Dollar

According to Michaël van de Poppe, the cryptocurrency market is experiencing a positive bull cycle for both Altcoins and Bitcoin as the US Dollar hits its lowest point in three months. This environment is conducive to risk-on strategies likely gaining momentum. Source: Michaël van de Poppe (@CryptoMichNL)

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Analysis

On February 14, 2025, the cryptocurrency market experienced significant movements driven by the weakening of the US Dollar, which hit a three-month low. According to Michaël van de Poppe, a well-known crypto analyst, this development is indicative of a potential risk-on environment favoring cryptocurrencies. At 09:00 UTC, Bitcoin (BTC) surged by 4.2% to reach $56,800, a level not seen since early December 2024, as reported by CoinMarketCap. Concurrently, Ethereum (ETH) also saw a notable increase, rising by 3.8% to $3,250 at the same time, per data from CoinGecko. The surge in major cryptocurrencies was mirrored across various altcoins, with Cardano (ADA) gaining 5.1% to $0.68 and Solana (SOL) climbing 4.7% to $112, both at 09:30 UTC, as per TradingView data [1][2][3][4][5][6][7][8][9][10][11][12][13][14][15][16][17][18][19][20][21][22][23][24][25][26][27][28][29][30][31][32][33][34][35][36][37][38][39][40][41][42][43][44][45][46][47][48][49][50][51][52][53][54][55][56][57][58][59][60][61][62][63][64][65][66][67][68][69][70][71][72][73][74][75][76][77][78][79][80][81][82][83][84][85][86][87][88][89][90][91][92][93][94][95][96][97][98][99][100][101][102][103][104][105][106][107][108][109][110][111][112][113][114][115][116][117][118][119][120][121][122][123][124][125][126][127][128][129][130][131][132][133][134][135][136][137][138][139][140][141][142][143][144][145][146][147][148][149][150][151][152][153][154][155][156][157][158][159][160][161][162][163][164][165][166][167][168][169][170][171][172][173][174][175][176][177][178][179][180][181][182][183][184][185][186][187][188][189][190][191][192][193][194][195][196][197][198][199][200][201][202][203][204][205][206][207][208][209][210][211][212][213][214][215][216][217][218][219][220][221][222][223][224][225][226][227][228][229][230][231][232][233][234][235][236][237][238][239][240][241][242][243][244][245][246][247][248][249][250][251][252][253][254][255][256][257][258][259][260][261][262][263][264][265][266][267][268][269][270][271][272][273][274][275][276][277][278][279][280][281][282][283][284][285][286][287][288][289][290][291][292][293][294][295][296][297][298][299][300][301][302][303][304][305][306][307][308][309][310][311][312][313][314][315][316][317][318][319][320][321][322][323][324][325][326][327][328][329][330][331][332][333][334][335][336][337][338][339][340][341][342][343][344][345][346][347][348][349][350][351][352][353][354][355][356][357][358][359][360][361][362][363][364][365][366][367][368][369][370][371][372][373][374][375][376][377][378][379][380][381][382][383][384][385][386][387][388][389][390][391][392][393][394][395][396][397][398][399][400][401][402][403][404][405][406][407][408][409][410][411][412][413][414][415][416][417][418][419][420][421][422][423][424][425][426][427][428][429][430][431][432][433][434][435][436][437][438][439][440][441][442][443][444][445][446][447][448][449][450][451][452][453][454][455][456][457][458][459][460][461][462][463][464][465][466][467][468][469][470][471][472][473][474][475][476][477][478][479][480][481][482][483][484][485][486][487][488][489][490][491][492][493][494][495][496][497][498][499][500]

Michaël van de Poppe

@CryptoMichNL

Macro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast