In today’s edition of the weekly recap: President-elect Donald Trump names two, new nominees that bode well for crypto, while a GOP Senator proposes ditching gold for Bitcoin. SEC shakeup US Bitcoin reserve discussions Bitcoin flirts with $100,000 Institutional BTC… Original
Tag: Pals
How long will the crypto bear market last? Raoul Pal’s macro analysis
Macro investor Raoul Pal is convinced that the current crypto bear market will end only once the Fed eases its hawkish monetary policy by halting interest rate hikes. That could happen in the next couple of months, according to Pal’s predictions. “The Fed are unlikely to raise rates as far and as fast as people expect. My guess is they probably stop raising rates sometime in the summer and that will be it,” he said in an exclusive interview with Cointelegraph. Pal sees the combination of high interest rates and…