Positive start to 2023 Bitcoin (BTC) and altcoinAlthough the rally continues, some investors and analysts think that this rally is a bear trap.
In this context, while there is uncertainty about what will happen in the crypto money market in 2023, the world famous bitcoin investor and Cathie Wood, CEO of Ark Invest He shared his thoughts on the matter.
On Ark Invest’s video blog Ark Invest’s Chief Futurist Brett Winton Speaking with Cathie Wood, she is in the lead for 2023. BTC He said that he thinks positively about cryptocurrencies, especially about cryptocurrencies.
The famous CEO said that cryptocurrencies will also experience a positive return, depending on the FED’s softening of its hawkish stance during the year and the decrease in inflation.
In this context, Wood “As the macroeconomic outlook improves and tight fiscal policy loosens, it will be beneficial for risky assets like crypto. “ said.
In the continuation of your words FED’Stating that she believes that Turkey can reach its target of 2% for inflation, Cathie Wood said that she also predicts that inflation may fall below this level or even into negative territory due to the decrease in money supply.
Stating that the markets are waiting for a signal from the FED, Wood said, “We think this signal will arrive in the first half of 2023.” said.
of Brett Winton artificial intelligence (AI) tokenOn the question of whether their progress will accelerate in 2023, Wood said:
“Public blockchains, cryptocurrencies and crypto assets, which are currently going through a bumpy period, will be further differentiated due to their scarcity when the bull market starts.
Opportunities will increase further when there is a turnaround in the macro environment and the FED begins to loosen its monetary policy.”
The US’s largest crypto currencya stock exchange coinbaseCathie Wood, who made a name for herself with the collection of shares of .
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