“The general macro setup is looking more favorable for risk assets as a whole," Levin said, adding that"the market expects there to be one more rate hike – and then no more – given that inflation is clearly falling."
Crypto investors have visibly shifted their focus to smaller, riskier tokens, given the strong performance of so-called altcoins as BTC stalled.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: