Part 4/9:
Several factors suggest we could be entering a significant bull run:
Positive Economic Indicators
The most recent FOMC meeting highlighted an optimistic outlook. Chairman Powell conveyed that inflation does not need to be at 2% for the Federal Reserve to consider reducing interest rates. This suggests a stable economy is on the horizon, which historically fuels gains in the crypto markets.
Regulatory Changes
A pro-crypto administration and critical changes at the SEC suggest a more favorable environment for crypto. The recent appointment of Mark Ueda as head of the SEC over the previously antagonistic Gary Gensler indicates a shift toward clearer regulatory frameworks, aiding innovation and growth within the crypto industry.