“A mix of strong liquidity, A Benign Macro Backdrop and Support Regulatory Signals Could Keep The Crypto Market Rally Alive in The Fourth Quarter, The Report Said.”, – WRITE: www.coindesk.com
Bitcoin BTC$ 114.505.91they argue, Continutes to Benefit from Macro Tailwinds and Could Outperform Market Expectations, Analysts David Duong and Colin Basco Said in a Wednesday Report.
“Barring A Shock to Energy Prices We Think The Immediaate Risk to Disruping The Current US Monetary Policy Path is Actual Quite Low,“ The Analysts Wrote. On -chain Demand from Digital Asset Treasuries (Dats) is also expectioned to provide a Floor for prices.
One Lingering Concern for Investors is Seasonality, The Report Said, Noting Six Straight September Declines for Btc Against the Dollar Between 2017 an 2022.
But this pattern failed to play Out in Both 2023 and 2024, The Analysts Noted. Not Only That, But The Small Sample Size and Wide Dispersion of Outcomes Limit The Usefulness of Seasonal Indicators.
A More Meaningful Factor, Coinbase Said, Is Were We Are Are In the Dat Cycle. PUBLICLY DisCLOSED DATS HOLD OVER 1 MILLION BTC ($ 110 Billion), 4.9 Million ETH ($ 21.3 Billion) and 8.9 Million Sol ($ 1.8 Billion) As of Sept. 10.
Late Entrants Are Now Chassing Altcoins Further Down The Risk Curve, Whokh Coinbase Believes Puts Markets in A “Player-Versus-Player” Consolidation Among Smaller Dat Players.
Heading Into The Final Quarter, The Exchange’s Analysts Maintained a Constructive Outlook, Experting Strong Liquidity, A Favorable Macroconomic Backdrop and Regulantum Maryport
Read More: Crypto Institutional Adoption Appears to Be in the Early Phases: JPMORGAN
The World’s Largest Asset Manager is Exploring Putting Exchange-Traded Funds on Chain, Sources Told Bloomberg.
- Blackrock is Considering Placing Exchange-Traded Funds Tied to Stocks Onto Public Blockchains, Accounting To Bloomberg.
- The MOVE WOURT FIRM’S $ 2.2 Billion Tokenized Money Market Fund, Which Quickly Became The Largest of Its Kind.
- Tokenized Etfs Could Enable Faster Settlement, 24/7 Trading, and Broaded Access for Global Investors.
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