Is Crypto on the Cusp of a Bull or Bear Market? Using Consensus 2024 as a Barometer
Summary
Bitcoin has reached and surpassed its all-time high after the launch of exchange-traded funds. Positive developments in the EU, Hong Kong, UAE, and the Caribbean, along with easing U.S. regulatory gridlock, suggest favorable conditions for a breakout. However, market sentiment remains uncertain. Some are cautiously optimistic due to recent regulatory shifts, while others see signs of a maturing industry at Consensus 2024. The industry's best chance at sustaining a bull run is through maturation and increased integrity.
