Crypto Market Set For Another Bottom, Expert Reveals Why

The crypto market showed some strength in the last 24 hours. Bitcoin prices went up by 2.57% in the last 24 hours and are currently trading at $20,161. Ethereum also surged by 1.8% in the last 24 hours and crossed the $1,352 mark. 

XRP broke its slide and surged by 5% in a day and is currently trading at $0.4793. Dogecoin (DOGE), which increased by 8% in a day, was another big winner in the crypto market. 

However, experts believe that the crypto rally may not last for long. Michael van de Poppe, the CEO of Eight Global and crypto analyst, believes that the US dollar is set for a rally. As a result, the crypto market can see a slight correction. 

US unemployment data will also be released on Friday. Michael Poppe believes that the data might be bad and have a bad effect on the market. 

Despite today’s rally, the cryp