Google Gemini Predicts Bullish Crypto Future Amid Market Uncertainty

Mumbai, September 6 (TNA) After a sharp decline from August highs of $124,000 to below $107,000, Bitcoin has managed to reclaim the $110,000 mark. Despite this rebound, analysts warn that the market remains fragile and the current support level could be tested again soon. Adding to the uncertainty, the likelihood of a September interest rate cut is pegged at 96%, fueling cautious sentiment across traders and investors.

Meanwhile, Google’s AI model Gemini has expressed confidence in the market’s long-term trajectory, predicting a bullish outcome for cryptocurrencies despite short-term volatility.

On the altcoin front, Ethereum (ETH) recently touched a new all-time high of $4,950, reaffirming its dominance as the leading altcoin. This surge also lifted other ETH-based tokens, including Pepe, sparking a rally across the altcoin market before cooling off. With growing optimism around crypto-friendly regulations, market sentiment is leaning positive, aligning with Gemini’s bullish outlook for the sector.