2024-10-15 10:41:57

#十月过半，牛还会来吗 #Mid-October: Bull Market Ahead?

As of October 2024, the Crypto Assets market has shown strong bullish signals. Some of the economic data released by the United States is lower than expected, interest rates have been lowered, and the risk of economic recession is low, creating a positive atmosphere for the stock market. The high probability of the Fed's interest rate cut again is seen as a positive development in the market. This situation may continue the pump trend of the crypto market by increasing investors' risk appetite.
According to analysts, the current Bull Market is still young and has the potential to pump. The continuous economic rise, low interest rates, and positive investor sentiment support the strength of this market. However, Inflation and geopolitical risks still need to be closely followed.
Institutional investors are becoming increasingly interested in the positive expectations of Cryptocurrency, which strengthens the market. It is expected that new ETF approvals will bring additional Liquidity to the Cryptocurrency market.
# CryptoObservers #HotTopicDiscussion

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

6 Likes