What are the major stock market events that will impact the cryptocurrency industry in 2024?

1 answers

• Nov 26, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, anticipates several major stock market events in 2024 that could impact the cryptocurrency industry. One event to watch out for is the potential introduction of decentralized finance (DeFi) products on traditional stock exchanges. This could bridge the gap between traditional finance and cryptocurrencies, opening up new investment opportunities. Another event to consider is the potential launch of a central bank digital currency (CBDC) by a major economy. This could have a significant impact on the cryptocurrency market, as it would introduce a government-backed digital currency into the financial system. Lastly, any major regulatory developments in the stock market, such as increased scrutiny or stricter regulations, could also affect the cryptocurrency industry.
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