‘Crypto summer season’ more likely to begin in Q2 2023, Morgan Creek Capital CEO says

The subsequent crypto bull market will begin prior to most individuals assume, in keeping with Mark Yusko, founder and CEO of Morgan Creek Capital Administration. Yusko thinks the subsequent crypto bull run or, as he calls it, “the crypto summer season,” might kick off as quickly because the second quarter of this 12 months because of the mixture of extra dovish central financial institution insurance policies and the anticipation of the (BTC) halving.

Whereas the US Federal Reserve is unlikely to chop rates of interest anytime quickly, in keeping with Yusko, the markets are inclined to anticipate the Fed’s choices. Which means even a slowing down or a pause in rate of interest hikes can be interpreted because the sign of an imminent pivot. That may spark a constructive dynamic amongst all threat property, together with crypto.

Proceed Studying on Coin Telegraph