The question on everyone’s mind at Consensus 2024 seems to be: How the hell should we be describing the current market sentiment? Are we in a bull market? A bear market? On the cusp of another bull market? Teetering again on the edge of collapse?
And perhaps more importantly, it finally seems like regulatory gridlock in the U.S. is beginning to ease up. The House recently passed the Financial Innovation and Technology for the 21st Century Act last week, marking the furthest a crypto-specific bill has ever gone in legislatively. Meanwhile, the U.S. Securities and Exchange Commission did a U-turn on Ether ETFs.
“Ask me in two days and I’ll have a better answer,” Roberts added. “Based on how fast the coffee went – that’s a good indicator.”
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