Analyst Matthew Hyland predicts returns ranging from 10x to 1,000x for altcoins following the June market pullback, comparing the period to the March 2020 crash. He believes many altcoins could recover within months rather than years based on the speed of previous market recoveries. Bitcoin is currently trading above $76,000, up nearly 9% in 24 hours and more than 19% over seven days, while Ethereum hovers around $2,400. XRP gained nearly 18% in one day to reach approximately $1.32. The next bullish cycle could be dubbed the « most hated rally in crypto history » according to Hyland, as many traders had declared crypto was finished.
Source: Read the original article

