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‘2024 Will Be Incredibly Powerful for Crypto’, Says Morgan Creek’s Founder

During an interview at The Dales Report, Mark Yusko shared his predictions and positive prospects for crypto in 2024.

Jay Hicks

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Crypto Onslaught of North Korea Continues as Exploiters Target More Platforms

Mark Yusko, the founder and Chief Executive Officer (CEO) of Morgan Creek Capital forecasts that 2024 is going to be incredibly positive and powerful for the crypto industry. He was of the view that the bearish market of cryptocurrencies which has prevailed over the last couple of years is over now. He forecasts that the crypto market is about to face positive prospects in 2024.

During an interview at The Dales Report, Mark Yusko shared his predictions and positive prospects for crypto in 2024. He said that the year 2024 is going to be incredibly powerful for the cryptocurrencies and overall crypto market. He also discussed other crypto-related factors to be aligned in the following years.

Bitcoin’s Four-Year Cycle to Be Completed in 2024

Mark Yusko believes that 2024 will be the year of alignment of all crypto-related pending things and cycles. Bitcoin’s four-cycle is going to be completed in April or May and BTC is going to pump to achieve its new all-time high (ATH). Moreover, BTC’s liquidity is about to be unleashed after the expected approval of Spot Bitcoin ETF (exchange-traded fund).

Also Read: Analyst Predicts Skyrocket of Bitcoin (BTC) and Crypto Market in 2024

Crypto Agendas to Be Resolved in 2024

The economy seems to be slowing down, so experts believe the Federal Reserve will make changes to support it, which might reduce the value of the dollar. This could cause a surge in the price value of Bitcoin (BTC) in comparison to US dollars.

According to an experienced hedge fund manager, the crypto industry might see a boost from a ‘technological wave’ due to talented individuals joining the field. Many people were laid off from Big Tech, around 650,000 in total. Some of them, despite being smart and skilled, don’t have enough savings to retire. Therefore, some are starting new tech companies.

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