{"id":138152,"date":"2024-09-29T17:00:19","date_gmt":"2024-09-29T14:00:19","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=138152"},"modified":"2024-09-29T15:10:26","modified_gmt":"2024-09-29T12:10:26","slug":"coinbase-predicts-major-crypto-gains-in-the-coming-months","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/coinbase-predicts-major-crypto-gains-in-the-coming-months\/","title":{"rendered":"Coinbase Predicts Major Crypto Gains in the Coming Months"},"content":{"rendered":"

According to a recent report by Coinbase Institutional, the current macroeconomic landscape signals that Bitcoin (BTC<\/a><\/strong>) and other cryptocurrencies could see sharp growth in the fourth quarter of 2024.<\/p>\n

The report highlights that both the Federal Reserve (Fed)<\/a><\/strong> and the People\u2019s Bank of China (PBOC)<\/a><\/strong> are adopting looser monetary policies that have historically favored higher cryptocurrency prices. Coinbase pointed to the Fed\u2019s recent decision to cut interest rates by 50 basis points as an important event.<\/p>\n

The move, the report argues, encourages other central banks to implement more stimulative measures. Shortly thereafter, China unveiled a significant fiscal and monetary stimulus package, including record interest rate cuts and other measures aimed at stimulating lending and easing credit burdens.<\/p>\n