A popular economist explained when the uptrend of Bitcoin (BTC) and other cryptocurrencies could continue.
In his latest interview, economist Alex Krüger discussed the cryptocurrency market with Arca's chief investment officer Jeff Dorman. According to Krüger, an environment may emerge in which cryptocurrencies, which are among risky assets, may show an upward trend until mid-2025.
Stating that there may be unexpected rises in Bitcoin, especially until the US elections in November, Krüger pointed out that the rise of Bitcoin can often cause other assets to rise as well.
However, he emphasized that an unexpected election result from the USA could cause serious fluctuations in the markets.
In his personal opinion, Krüger predicted that Bitcoin would continue its upward trend until the end of the year, and stated that this situation could also have positive effects on other assets. Krüger stated that markets may maintain their upward trend in the medium term, such as 2025, and other assets such as the S&P 500 index, NASDAQ, risk assets, stocks and exchange traded funds (ETFs) may also increase in this process.
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