Here’s What to Expect From BTC, ETH, XRP & SOL as S&P500 Secretly Mirrors 1998 Cycle

Quick Summary:

Bitcoin (BTC) and most of the top altcoins have made significant gains this week as global financial markets show signs of a recovery despite the ongoing fears of the US and China not reaching a trade deal.

After hitting lows in April following fear around the US-China trade war, the S&P500 has bounced by 12%, the Nasdaq 100 is up 15%, while the BTC price has surged by 26%.

The daily XRP price chart also shows that an upward trend may be what’s next for this top altcoin after breaking out of a symmetrical triangle pattern.

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Article Details

Author / Journalist: muthoni

Category: Crypto

Markets: IndiaChina

Topics: Ethereum XRP Bitcoin (BTC) Price Price Analysis Solana

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-02 @ 14:50:17 (1 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 702 words

Reading Time: 4 minutes read

Sentences: 48 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 28322051

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Main Topics: Crypto

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