Bitcoin once again crossed the threshold of $100,000, riding a wave of optimism sparked by developments in global trade and crypto-friendly actions in the U.S. The optimism extended beyond Bitcoin, leading to a rally in the broader crypto market. Fuelled by the U.S. and China Trade Agreement, a U.S.-U.K. deal also stirred considerable excitement. Specific coins like TRUMP Coin and Coinbase Global (COIN) experienced significant surges. Meme coins like Dogecoin also showed bullish trends, possibly signalling a shift in the crypto market.Despite the considerable ups and downs,
Optimism (OP) has shown resilience, managing to stay above a 20-month low. The general market optimism also buoyed the prospects of Optimism, which is known for its 'Superchain', referred to as a winning solution in Ethereum's Layer-2 race. Optimism is predicted to reach $3 by 2025, according to some reports. Experts in the industry showed confidence in Optimism, with platforms like Kraken choosing Optimism's Layer-2 Network to build their base on 'Superchain'. The development team and the OP Stack led by Jing Wang have also been widely adopted.While Bitcoin is benefiting from the renewed optimism in the wake of pro-crypto trade deals, it is asserted that there's excessive exuberance, speculation, and optimism at play in the market. Meanwhile, Trump's prospective 'Crypto Strategic Reserve' plan has both raised and dampened hopes to varying extents. New entrants and trends like meme coins and ETFs sparked optimism, suggesting that the crypto market is evolving and keeping traders and investors on their toes.
Optimism Coin News Analytics from Thu, 24 Oct 2024 07:00:00 GMT to Tue, 13 May 2025 20:38:47 GMT -
Rating 4
- Innovation 7
- Information 8
- Rumor 5
