The rise of AI has brought new perspectives to the cryptocurrency market, making it easier for investors to conduct research and analysis. OpenAI’s model ChatGPT has been the most-used analytical tool, offering objective price predictions for hundreds of coins and tokens. This article explores ChatGPT’s price forecasts for three trending cryptos, Bitcoin Cash, Ethereum Classic, and Bitcoin Minetrix, discussing whether they could be in line for a lucrative 2024.
The first cryptocurrency that ChatGPT highlighted is Bitcoin Cash (BCH), which is up 24% in the past seven days. With BCH currently trading at $295, the AI model considered recent market-moving events like the approval of 11 spot Bitcoin ETFs in the US. ChatGPT states these ETF approvals will likely stir up positive sentiment across the crypto sector, presenting potential upside for major altcoins like BCH. Specifically, ChatGPT predicts the regulatory green light for Bitcoin ETFs may spur increased retail and institutional demand into the broader crypto marke
Technology Technology Latest News, Technology Technology Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: WIREDBusiness - 🏆 68. / 68 Read more »
Source: BGR - 🏆 234. / 63 Read more »