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CMC Research: This bull market is expected to reach its peak in May to mid-June 2025
2024-10-03 11:12
Odaily News CMC Research, the research arm of CoinMarketCap, said in its third-quarter market research report released today that it believes that Bitcoin's bull cycle is accelerating, and this bull run is 100 days earlier than the typical four-year cycle. A variety of factors suggest that Bitcoin may be entering a super cycle, driven by institutional adoption, BTC exchange-traded funds (ETFs), and changing market dynamics. CMC Research believes that this bull run is expected to peak in mid-May to mid-June 2025, and although there is some acceleration in the early stages, there are signs that infrastructure growth is slowing, which may indicate that broader market dynamics are changing. (Cointelegraph)