Crypto markets are currently undergoing a consolidation phase ahead of the most awaited halving and after hitting all-time high levels. In the middle of speculations, market participants have raised bets on a bull run post-halving, as also suggested by historical data. In the middle of anticipation, a new Wall Street anticipation could give further rise to crypto markets.
Tech Index Might Ascend 15%
Bloomberg in its report highlights that the year-end S&P 500 estimate level of 5,200 is still supported by Goldman Sachs Group Inc. strategists. But they also project a scenario in which tech megacaps drive the index up an additional 15%. According to strategists led by David Kostin, the business is staying with its existing projection because the direction of the federal funds rate and the trajectory of economic growth have already been completely priced by markets. The analysts looked into alternative scenarios because the prognosis for values was not certain. Yet a rise in tech stock
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