Posted 2/5/2024, 12:45:25 PM
Crypto Outlook Brightens with Regulatory Progress, Wall St. Embrace, and Market Tailwinds
- Regulatory clarity for crypto likely in next 12-18 months based on bipartisan agreement in Congress
- Expectation that Fed will cut rates serves as a tailwind for crypto markets
- Adoption expanding via new Bitcoin spot ETFs launched just 2 weeks ago
- Major Wall Street firms now selling Bitcoin, a big deal
- Most of the unknown risk and debacles in crypto space have disappeared after bear market