• Market Cap: $2,539,601,207,602.89
  • 24h Vol: $96,535,349,431.09
  • BTC Dominance: 51.66%

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Why 2024 could potentially be a highly optimistic year for cryptocurrency

Why 2024 could potentially be a highly optimistic year for cryptocurrency

This week’s episode of Market Talks on Cointelegraph’s YouTube channel discusses the potential bullish outlook for the crypto industry in 2024 and whether crypto has successfully weathered recent challenges. The episode features Huf, the founder of Pear Protocol, a decentralized exchange launching on Arbitrum in 2023. Huf shares his insights on the current crypto market, including the need for new stimulus and new money, the role of narratives in driving market trends, and the record-low volatility. He also explains why he is highly bullish on the first quarter of 2024 and believes it will mark the start of the next bull market, particularly due to the Bitcoin halving scheduled for that year. The episode also explores the conditions necessary for central banks to cut interest rates and the potential approval of the first spot Bitcoin exchange-traded fund in the United States in 2024. Market Talks airs every Thursday and features interviews with influential figures from the crypto and blockchain industry. Viewers are encouraged to subscribe to the Cointelegraph Markets & Research YouTube channel for future updates.

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