They have merely pressed the button for the rise to begin.
The most prominent factors making it difficult for the crypto market to move higher are high US interest rates, rising bond yields, higher oil prices strengthening inflationary pressures, geopolitical tensions reducing risk appetite, and a stronger dollar.
Supposedly, all of these are factors preventing crypto from rising, but unfortunately, most of them are merely stories that are told. The moment the switch is flipped for crypto, liquidity begins flowing once more, and the market forgets all these reasons in an instant.
The most prominent factors making it difficult for the crypto market to move higher are high US interest rates, rising bond yields, higher oil prices strengthening inflationary pressures, geopolitical tensions reducing risk appetite, and a stronger dollar.
Supposedly, all of these are factors preventing crypto from rising, but unfortunately, most of them are merely stories that are told. The moment the switch is flipped for crypto, liquidity begins flowing once more, and the market forgets all these reasons in an instant.