The post 10 Reasons Why Crypto Markets Will Skyrocket in 2024: Lark Davis appeared on BitcoinEthereumNews.com.

Cover image via www.youtube.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Popular crypto YouTuber Lark Davis has taken to the X/Twitter social media platform to suggest 10 reasons why he believes that the cryptocurrency market will skyrocket in the upcoming year of 2024. Among those are, of course, potential Bitcoin spot ETF approval and the fourth Bitcoin halvening event. Key reasons for crypto surge in 2024 The first reason mentioned by Davis was that stock markets in various countries are reaching all-time highs now – in particular in the U.S., they include the Nasdaq 100 and Dow Jones. Stock markets are risk-on at the moment, Davis stressed, and people are making a lot of money on them, which they will likely want to buy crypto with in the next year, driving prices up. The second reason was the much expected Bitcoin ETF approval in Q1 next year. Per the YouTuber, the SEC may reject it in January, creating a price dip, and then it is likely to approve ETFs in March. The third one is the potential, or Davis believes so, victory of Coinbase over the SEC in court and the judge likely driving the agency to finally come up with cryptocurrency regulations for companies and individuals in the United States. Besides, this would be the final loss for the SEC in court; earlier this year, it saw…

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Filed under: News - @ December 31, 2023 12:26 am