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Gemini told what will happen to the crypto market in the next 2 years

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04.08.2024

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Exchange experts support their bold and optimistic forecast with arguments worthy of attention. According to analysts, the catalyst for the bullish trend of the market will be the monetary policy of central banks.

They have already started to reduce interest rates, in particular, the Bank of Canada, the Bank of Great Britain and the European Central Bank. In the U.S. may reduce the key rate as early as September 2024, Gemini suggests.

As another argument, experts cite the upcoming regulatory changes, which will certainly come after the U.S. presidential election in the fall of 2024.

If the Republican Party candidate Donald Trump wins, the market may get an opportunity to develop through transparent and clear regulation, as well as through the development of infrastructure and the introduction of new technologies. As a result, the market will be able to show sustainable growth.

The growing popularity of stablecoins among investors and funds, as well as the possible weakening of the U.S. currency, will also support the industry. Thus, according to the expert estimates of Gemini representatives, the cryptocurrency market is expected to grow steadily in the next two years.