According to a report shared by an economist and macro analyst Alex Krüger, 500 million more investors are going to enter the financial market by 2030, the group of new high and middle income consumers might become a new source of growth for the cryptocurrency market. As the data provided in the report suggests, the new layer of consumers will grow in Asian and African regions. The bull run everyone expects in 2024 will most likely be initiated by investors from the aforementioned regions, but Europe and America will still have a huge impact on the rally we expect after the easing of monetary policies around the world and the end of the rate hike cycle. Unfortunately, it is hard to predict what is going to happen with the cryptocurrency market, considering its volatility and adolescence.
- Bitcoin (BTC) $ 29,397.00 0.1%
- Ethereum (ETH) $ 1,844.66 0.29%
- BNB (BNB) $ 239.12 0.76%
- Solana (SOL) $ 24.45 0.87%
- Polkadot (DOT) $ 5.00 0.24%
- Cosmos Hub (ATOM) $ 8.37 0.78%
- Flow (FLOW) $ 0.555415 0.08%
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