After a sluggish start to December, the global cryptocurrency market experienced a sharp recovery, with Bitcoin (BTC) reaching a new all-time high, which has sparked renewed optimism in the digital asset space, despite a slight pullback.
As uncertainty continues to loom over traditional financial markets, the cryptocurrency sector appears to be on the verge of a significant "bull" cycle. This sentiment is particularly favorable for several cryptocurrencies that are approaching major market capitalization milestones, including a notable mark of $10 billion.
Such forecasts are driven not only by the continuation of a broader bull rally but also by the impact of high supply inflation, which may contribute to market capitalization growth, even if price movements remain relatively moderate.