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Further economic deterioration could boost crypto if it moderates the Fed tightening outlook and results in easier US financial conditions.
Cryptos have suffered a brutal meltdown this year, losing $2 trillion in value, but showed a slight bounce back this week, reaching $1 trillion.
In investing and trading, we often hear debates on the merits of fundamental vs. technical analysis. Both aim to improve our probability of a profit. Both methods have their usefulness when correctly applied.
The crypto regulatory landscape is an evolving one. While cryptos remain intertwined with the equity markets, regulators could ease financial stability risk.
There is little doubt that Ethereum is the primary driver of current market momentum as it approaches a major shift in consensus, but could it actually surpass Bitcoin?