Analyst: Crypto Market to Continue Rebound Post-Halving, Short-Term Bottom Possibly Formed

BlockBeats News, December 8th, IG Group analyst Chris Beauchamp stated that with the Fed expected to start cutting interest rates this week, Bitcoin and other cryptocurrencies are expected to continue their rebound. Loose monetary policy may drive funds into the crypto market, especially after the recent pullback created more attractive entry points. The weekend dip in Bitcoin and Ethereum attracted buyers, implying that a short-term bottom may have formed. (Bloomberg)