The four major positives in the second half of the year have undoubtedly laid a solid foundation for the crypto market and the bull market:
1. Bitcoin "Satoshi" Upgrade:
Bitcoin is about to usher in a major upgrade called "Satoshi". This upgrade aims to enhance Bitcoin's technical capabilities and broaden its scope of application. As the leader of the crypto market, Bitcoin's upgrade will undoubtedly lead the entire market to a higher level.
2. Fed rate cut expectations:
The Fed said it will cut interest rates twice this year. This policy is expected to guide more traditional financial funds into the crypto market, injecting new impetus into cryptocurrencies. With the influx of funds, the activity and trading volume of the crypto market are expected to increase further.
3. US presidential election and cryptocurrency:
In the US presidential election, cryptocurrency has become an important issue for canvassing votes. Kennedy said in the final that if he is elected, he will invest the entire US budget in the blockchain field and draw a grand blueprint for the future of cryptocurrency. This commitment will undoubtedly enhance investors' confidence in the crypto market and promote further development of the market.
4. Approval prospects of Ethereum spot ETF:
Ethereum spot ETF is expected to be approved. This will further enhance Ethereum's market position and expand its influence. As an important member of the crypto market, the development of Ethereum will drive the prosperity of the entire market.
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