We are deep in the red markets right now and this is all pretty much at the mercy of the Federal Reserve. In the next 35 or so hours, Fed Chairman Jerome Powell is likely to make a speech and most likely the market will experience another pullback in all likelihood.
But just remember how Bitcoin and the rest of the crypto market went quiet right before the ETF approval. The same thing is quite possible here as a parallel before the stable coin bill and even the elections for that matter.
Right now it’s pulling back again. However, history would tell us that usually this kind of thing means really one thing. The next leg up is coming and this time the big trigger is the clarity act specifically which is not too far away.
And at least in my opinion this isn’t about only Bitcoin. Some altcoins are about to benefit in a massive way as well. And so we’re going to take a look at which ones specifically, which ones will benefit the most from this upcoming legislation…
