#MarketWatch
Next week could be quite wild for the crypto market! 🚀 Several factors suggest possible turbulence:
🔥 Bitcoin ETF funds continue to buy voraciously – American bitcoin ETF funds consumed nearly six times more BTC last week than miners managed to supply. If this trend continues, it could significantly push prices up. 📈
💰 BlackRock and its iShares Bitcoin Trust (IBIT) continue to attract billions – The fund attracted over $2.45 billion last week and has not reported any outflows for 17 consecutive days. This indicates that institutional investors are still keen to buy. 🏦
⚖️ Regulations in the EU are tightening – From 2027, anonymous cryptocurrencies like Monero, Zcash, or Dash will be banned. This may deter some decentralized projects but could also bring greater transparency. 🌍
📊 Litecoin is awaiting ETF approval – Investment firm Canary Capital is seeking approval for a spot ETF for Litecoin. If approved, this could spark a new wave of interest in LTC. 🚀
💸 Speculation about Fed rate cuts – The market expects that the American central bank might cut interest rates in September. If these speculations are confirmed, it could attract new investments into crypto. 📉
Overall, it looks like a very interesting week where anything could happen! 🌪️ Hold onto your hat, because the crypto market never sleeps! 😎🚀
