Coinbase: Q4 crypto market expected to be positive due to US rate cuts and China's massive stimulus measures
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According to News bitcoin, the latest Coinbase Institutional report indicates that the crypto market is expected to perform positively in the fourth quarter of 2024 due to interest rate cuts in the US and large-scale stimulus measures taken by China. The outlook for Bitcoin is strong, but Ethereum faces challenges from rising transaction fees and the limited impact of spot ETFs. Solana and other L1 networks are more focused on scalability and transaction efficiency, and the improvement of decentralized exchanges and blockchain infrastructure are positive signals for the crypto sector.
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