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The Bitcoin halving is less than a month away and soon crypto is going to enjoy a fresh new buzz in the news media. This cycle is poised to be stellar because of a number of factors, which we will discuss. Traditional finance has finally come around to embracing crypto with the launching of Bitcoin ETF's. Macro economic factors such as the upcoming presidential election and the loosening of economic policy by the Federal Reserve mean that financial markets are going to become more open risk-on assets. Combine that with the reduction in the supply of new Bitcoins due to the halving and we see that crypto is poised for another leg up. I have been paying close attention to the crypto markets and I will be giving my thoughts on the subject.
By Young PenitentThe Bitcoin halving is less than a month away and soon crypto is going to enjoy a fresh new buzz in the news media. This cycle is poised to be stellar because of a number of factors, which we will discuss. Traditional finance has finally come around to embracing crypto with the launching of Bitcoin ETF's. Macro economic factors such as the upcoming presidential election and the loosening of economic policy by the Federal Reserve mean that financial markets are going to become more open risk-on assets. Combine that with the reduction in the supply of new Bitcoins due to the halving and we see that crypto is poised for another leg up. I have been paying close attention to the crypto markets and I will be giving my thoughts on the subject.