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Cryptocurrency is becoming more appealing.

Byadmin

Oct 24, 2022 , ,
Криптовалюта становится более привлекательной, поскольку SEC становится агрессивной

The price of Bitcoin will trade in a range of $17,600 to $25,000 by the end of the year.

Market participants claim they are more willing to invest in the cryptocurrency field when harsher enforcement measures are taken by the U.S. Securities and Exchange Commission (SEC) and other watchdogs, who are cracking down on the most rebellious crypto companies.

Cryptocurrency lawsuits are a positive sign for this asset class.

The majority of investors are currently far more positive about the largest token than they were in July, and this view also applies to Bitcoin.

According to Mary-Catherine Lader, COO of Uniswap Labs, “Our investors and markets have recognized that decentralized protocols offer unique features that can assist not only crypto markets but traditional markets in general.”

The S&P 500 and high-risk assets have had significant correlations with bitcoin since March. Over the past three months, investors have mostly maintained this correlation, as they have done with everything else in the face of rising interest rates.

Many analysts predict that over the upcoming 12 months, there will be no change in the association between cryptocurrencies and stocks.

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