Jul 10, 2024
Martin Leinweber, Director of Digital Asset Research & Strategy at MarketVector Indexes, discusses the long-term positive catalysts for a potential rebound in the overall crypto markets.
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Video transcriptWe have the et cum in front of the door, uh A TF in front of the door. Uh We have possible rate cuts. Yeah, we have the elections which are more positive towards crypto. Uh You have uh maybe an FTAX cash back. You have uh around 6 $16 billion. So these are all uh positive catalysts. But we had also as you alluded to uh some idiosyncratic risks that they're selling from uh Mount Gox or from Germany recently. And I think this f uh really waits on Bitcoin and its Bitcoin is really, I always say the direction got for crypto. Also the o coins crashed heavily. And I think uh we all are waiting for the EM ETF now and for this f to uh to be over, especially the, the selling F we had.
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