After skyrocketing 150% this year, crypto investors and industry executives are predicting that bitcoin will continue to hit record highs in 2025.
Morgan Stanley expects the dollar's strength to peak before the end of the year, after which it will enter a "bear market pattern", with a slow decline in 2025. The bank believes that with the Bank of Japan set to raise interest rates and the Reserve Bank of Australia's easing action to be gradual, the yen and the Australian dollar have the greatest potential to rise next year.
After underperforming Bitcoin for much of the year, smaller cryptocurrencies such as Dogecoin (Doge) and Solana (Solana) may finally face the greatest risk after the US Presidential Election. Bitcoin rose 4.6% to $70,165 on Tuesday, about 5% below the record high of around $73,800 set in March. The largest cryptocurrency by market capitalization has risen more than 65% this year. On Tuesday, Dogecoin rose as much as 17%, in part due to long-term support for Dogecoin...
The sharp drop in crude oil or the accelerated decline in inflation will not be ignored by the Federal Reserve. Harris seems to have "won", but the market still has to wait for 48H > >
Fed Daly: We still have a long way to go, and even after the rate cut, our policy will remain restrictive.