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The year regulators finally caught on to cryptocurrencies?

by SuperiorInvest

“The year 2023 continues to be challenging for investors, especially in the first half of the year, when [Federal Reserve] is still hawkish and raising interest rates to control inflation,” Zheng said. “The current crypto bear market cycle may end when the Fed stops raising interest rates (hopefully by the second half of the year) and any remaining leverage on the crypto market is removed. This includes debt loans related to certain major market participants (investment firms, distressed assets, mining companies, etc.).

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