Crypto Market Predicted to Peak in March Before Correction, US Debt Ceiling to Add Volatility

  • 📰 CryptoAmb
  • ⏱ Reading Time:
  • 20 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 32%
  • Publisher: 68%

Finance Nouvelles

Technology,CRYPTOCURRENCY,MARKET PREDICTION

Crypto analyst Arthur Hayes predicts the market will peak in mid to late March driven by the Fed's quantitative tightening and US tax season. He warns that the US debt ceiling debate and potential default could further impact market liquidity and increase volatility. Similar concerns were echoed by analysts at QCP Capital. Despite these risks, Bitcoin recently surpassed $100,000, fueled by renewed optimism ahead of Donald Trump's inauguration.

and the overall crypto market could follow the 2024 trend and top out in March before entering an extended correction.

Hayes added that both developments would be a net negative for US liquidity, stalling risk on assets like BTC. In his latest “Once default and shutdown are imminent, a last-minute deal will be reached, and the debt ceiling will be raised. At that point, the Treasury will be free to borrow on a net basis again and must refill the TGA. This will be dollar liquidity negative.”

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 22. in BE
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

SuperVerse crypto hits $1B market cap in 30 days: Can SUPER keep its gains?SUPER remains in bullish territory, buoyed by strong market sentiment. After a market cap of $1 Billion, what's next for SuperVerse crypto?
La source: CryptoAmb - 🏆 22. / 68 Lire la suite »

Crypto market cap surpasses France, UK GDPs – India, Japan nextCrypto market cap flipped France and UK's GDP, a sign of growth in the new asset class. Will it surpass India and Japan's GDP?
La source: CryptoAmb - 🏆 22. / 68 Lire la suite »

Crypto investment inflows hit $41B YTD – Will the market gain more?Ripple's XRP climbs to dominance amid record-breaking crypto investment inflows and unprecedented market activity.
La source: CryptoAmb - 🏆 22. / 68 Lire la suite »

POPCAT defies crypto market trends – Can the memecoin rally 25% next?POPCAT has defied the crypto market and is currently witnessing strong interest from traders and investors, which could propel it by 25%.
La source: CryptoAmb - 🏆 22. / 68 Lire la suite »