Golden Finance reports that Coinbase recently published an article expressing a bullish outlook on the crypto market in October from a tactical perspective. Coinbase believes that a weak dollar, increased short-term global liquidity, and the Fed's tendency towards cautious interest rate cuts will create favorable conditions for the crypto assets market. Additionally, data uncertainty caused by the U.S. government shutdown, combined with stagnation in private sector hiring, has led to a more optimistic market expectation that the Fed will adopt a less restrictive policy path. Unless unexpected hawkish comments arise, these factors will increase the likelihood of BTC leading the rise until November, when liquidity headwinds may come into play.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Coinbase: bullish 10月 crypto market
Golden Finance reports that Coinbase recently published an article expressing a bullish outlook on the crypto market in October from a tactical perspective. Coinbase believes that a weak dollar, increased short-term global liquidity, and the Fed's tendency towards cautious interest rate cuts will create favorable conditions for the crypto assets market. Additionally, data uncertainty caused by the U.S. government shutdown, combined with stagnation in private sector hiring, has led to a more optimistic market expectation that the Fed will adopt a less restrictive policy path. Unless unexpected hawkish comments arise, these factors will increase the likelihood of BTC leading the rise until November, when liquidity headwinds may come into play.