Coinbase: Q4 crypto market expected to be positive due to US interest rate cuts and Chinese monetary stimulus

According to Foresight News, Bitcoin.com News reported that Coinbase Institutional's latest report predicts that the crypto market will perform positively in the fourth quarter of 2024 due to US interest rate cuts and Chinese monetary stimulus. Despite the strong outlook for Bitcoin, Ethereum faces challenges such as rising transaction fees and limited impact of spot ETFs. The overall market remains optimistic, emerging networks such as Solana are gradually challenging Ethereum's dominance, and improvements in decentralized exchanges and blockchain infrastructure bring positive signals to the crypto field.