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Top 5 Reasons Why 2024 Could Be Crypto’s Big Bull Year 🐃
Crypto's future appears influenced by US politics. An Ethereum ETF approval now simplifies crypto investments, suggesting 2024 could be a pivotal year due to political support and regulatory changes.
**Trump’s Crypto Support**
Former President Trump’s support for cryptocurrencies promises a favorable environment if he returns to office.
**ETH ETFs for Small Investors**
The approval of Ethereum ETFs broadens market access, potentially reshaping dynamics.
**FIT21 Bill for Regulatory Clarity**
The FIT21 bill aims to establish clearer crypto regulations, reducing uncertainty.
**Biden’s Evolving Stance**
The Biden administration's recent pro-crypto actions, like approving Ethereum ETFs, signal a shift in regulatory attitudes.
**Anti-CBDC Sentiment**
Rising opposition to Central Bank Digital Currencies (CBDCs) reflects a preference for decentralized options like Bitcoin and Ethereum.
Analyst Miles Deutscher predicts a "political bull run" in 2024, driven by these developments. However, Bitcoin supporter Samson Mow cautions against political involvement in crypto, citing potential risks.
**Are you bullish or bearish on crypto in 2024?**
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