Hey Guys,
It's been one hell of a crazy week, and I'm here as always to give you the highlights. First thing's first – the recent rally has been epic, and I honestly think it could continue in the short term. However, there are still some things to keep an eye out for.
Regulators are continuing their crackdown on crypto in the USA, and the Fed and other central banks continue to raise interest rates. To be fair, that second factor could change as soon as this week.
As for the crypto regulations, that's a mixed bag. Although some countries appear to be embracing crypto, it's possible if not likely that they're facing pressure from the US to fall in line. Not all of them will, and history will show the defectors benefitted the most.
Finally, we finish off with some Bitcoin dominance analysis by Ben Cowen.
Enjoy!
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⛓️ 🔗 Useful Links 🔗 ⛓️
► Bitcoin Rallies As Banks Crumble: https://www.bloomberg.com/news/articl…
► Gary Gensler Says Proof of Stake Cryptos Are Securities: https://www.coindesk.com/policy/2023/…
► Paysafe Facing Regulatory Pressure For Servicing Crypto Clients: https://www.theblock.co/post/219443/b…
► Fed Rate Hike Probabilities: https://www.cmegroup.com/markets/inte…
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📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
