Bitcoin faced with surge as it climbs back up | Crypto

Bitcoin faced with surge as it climbs back up

– Morgan Creek Capital Management founder and CEO Mark Yusko thinks that crypto already saw the worst of the bear market when Bitcoin (BTC) slid close to the $17,000 level this month.

– In a new interview on the YouTube channel Thinking Crypto, Yusko says that the price of digital assets may still go lower amid a selloff following the much-hyped merge to proof-of-stake for Ethereum (ETH).

– The hedge fund veteran says that crypto markets have bottomed out and are now on track for the next bull cycle.

– Yusko says that even if the Federal Reserve decides to keep increasing interest rates, it will have a limited impact on global prices as the downturn batters nations worldwide.

– Yusko says that should the Fed pivot from its current stance on interest rates, the move could be bullish for crypto.

fund mark yusko rally Bitcoin faced with surge as it climbs back up

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