RE: What macroeconomic factors have driven the recent price rally?

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What macroeconomic factors have driven the recent price rally?

in hive-175254 •  2 years ago 

Certainly the U.S. market is an important marker in terms of growth or rebound in cryptocurrency gains, as we are facing a stagnation of its economy and a decline in its CPI we are facing a bull market for investments, however, there are factors such as war, the production of crude oil and its derivatives, the collapse of food production and migration that can be considered within the elements that influence the particular economies of nations and globally on the world scene.

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Hello @tomaspalomo

There are variables that lead us to think that, as you say, we are at the beginning of a bull market for investments, but nevertheless, the intensity of regulatory acts imposed by states can affect the price rebound within the cryptocurrency market.

Best regards, be well.