Matrixport: Under the influence of macro factors and the potential approval of BTC ETF, prices are expected to rise in 2024
The digital asset financial services company Matrixport stated that with the decline in inflation, BTC holders have gained 500 billion dollars in wealth. Predictions indicate that under the push of macro factors and the possible approval of Bitcoin spot ETFs, prices will rise by 2024. A game-changing decision is expected to be made from January 8th to 10th.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Yen breaches the 160 level again! Japanese finance minister vows to "join forces" with the US Treasury to address unilateral volatility
After the yen fell below the critical 160 level, the Japanese finance minister stated that Japan would closely cooperate with the US Treasury Department to address unilateral volatility, reigniting speculation of joint intervention.
For the first time in nearly 30 years! 500 million euros equivalent deployed as funds, New York Fed report confirms joint Japan-US intervention in yen exchange rate
The New York Federal Reserve released a report on Thursday confirming earlier market news that the US Treasury used approximately 500 million USD equivalent in euros, which it holds, to support the Japanese yen in a coordinated intervention with Japan on July 31.
Crypto prices
More
