- A stock market correction is the biggest risk for the crypto market. - A renewed downturn would be a buying opportunity. - Wall Street investors are deserting mega-cap stocks and piling into small caps. - There is cooling inflation and strengthening signs of a Fed interest-rate cut. - The 2024 elections in the US, Asia, Europe and Africa are poised to influence the global regulatory framework for Bitcoin and crypto.
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Here is how the crypto market fared yesterday ¹:
- A stock market correction is the biggest risk for the crypto market.
- A renewed downturn would be a buying opportunity.
- Wall Street investors are deserting mega-cap stocks and piling into small caps.
- There is cooling inflation and strengthening signs of a Fed interest-rate cut.
- The 2024 elections in the US, Asia, Europe and Africa are poised to influence the global regulatory framework for Bitcoin and crypto.