Q4 Crypto Market Outlook: Bitcoin and Ethereum Consolidation Continues

From forex.com

Despite a dramatically fluctuatuating macroeconomic outlook, the highest interest rates seen in decades, and a complicated regulatory backdrop, Bitcoin and Ethereum have spent the last 6+ months consolidating within a few thousand points on either side of the $28K level. More to the point, all speculative interest in the entire cryptoasset space has been gobbled up by the latest investment theme du jour, Artificial Intelligence. In other words, traders have gone from loving Bitcoin and Ethereum two years ago, to hating them at this time last year, to being completely indifferent to them today. Under the surface ... (full story)