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The odds of a rate cut in September are quite high, reaching up 95%. Galaxy Digital CEO Mike Novogratz perceives rate cuts as a bullish catalyst for Bitcoin in 2024. He believes this would also benefit other digital assets in the broader crypto ecosystem. He believes this might be good for the crypto sector, although CZ has not commented about actively returning to crypto.
There are also rumors that China might soon unban crypto. Lark Davis believes that if this happens, the crypto sector might see an epic surge.Godfrey Benjamin is an experienced crypto journalist whose main goal is to educate everyone around him about the prospects of Web 3.0. His love for crypto was birthed when, as a former banker, he discovered the obvious advantages of decentralized money over traditional payments.
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