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The recent ruling in favor of , where it was marked as a nonsecurity, has also buoyed the crypto market. Endorsements from institutional investors like BlackRock further provide a strong setup for a new bull market in digital assets.
While Pantera’s prediction is optimistic, it is essential to approach it with caution. The crypto market is highly volatile and influenced by a myriad of factors, including regulatory developments and macroeconomic conditions. Moreover, past performance is not indicative of future results.
This article was originally published on U.Today
Source: Cryptocurrency - investing.com