Source: Coindesk.com
Seismic events often trigger crypto-asset market cycle transitions. The 2016-2017 cycle was largely industry-driven, expanding crypto's reach beyond early adopters. In contrast, the 2020-2021 surge was propelled by unprecedented COVID-era interest rate cuts.
Now, two powerful catalysts converge: the looming 2024 U.S. elections and a nascent global liquidity cycle for risk assets. This potent combination could shatter
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Source: Coindesk.com