Analytics

Analysis Company Says “The Real Recovery in Bitcoin and Cryptocurrencies Will Begin”, Reveals Details

While Bitcoin and cryptocurrency prices rose, declines deepened in traditional markets such as stocks, oil, gold and silver. This difference in market trends has attracted the attention of investors and analysts worldwide.

Ryze Labs analysts offered some insights into this phenomenon. They believe that the future looks promising for Bitcoin and other cryptocurrencies, especially in the second half of 2024. “We remain optimistic that liquidity conditions will improve in the second half of 2024,” analysts said.

According to analysts, this optimism stems from various economic factors. The FED’s quantitative tightening is expected to decrease and inflation is expected to slow down. These conditions, combined with a weakening economy, could cause the Fed to start lowering interest rates sooner.

Analysts also noted, “Retail positions in Treasuries and money market funds remain high at $1.8 trillion, which will likely flow into riskier assets when rates decline.” He made a statement. This change could potentially trigger further growth in the crypto market, according to analysts.

But the news isn’t all good. Analysts also highlighted the difficulties faced by small and medium-sized businesses in a high interest rate environment due to high borrowing costs. “Currently, a record low percentage of stocks, 22%, are outperforming the S&P 500 index. As monetary policy eases, we expect this narrow distribution of outperforming stocks to widen significantly,” analysts wrote. said.

*This is not investment advice.

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