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RE: LeoThread 2023-10-26 13:45

in LeoFinancelast year

A huge money will flow in crypto market after the ETF is approved, do you think we are going towards a phase where Crypto market will be more or less like a stock market?

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Many already believes that when this happens the market will pump extra ordinarily as alot of money will find place in the crypto market and as etf will comes with regulations the era of volatility might gets over.

Only time will tell...!

It is likely to spur a major run, that is for sure. We will see how long this takes. The market appears to be expecting it.

It has to when it is mature enough. But it will take time. At least 10 more years?

Interesting question! What ever happens, I sure hope crypto market will remain more volatile cos that's the essence of it. 😎

The crypto market will segment itself with much of it following a similar path of stock market. However there are still many crypto out there that will fall into other paths not sure what those paths are currently.

Depends on how you define stock market. Bitcoin behaves already now in many ways like a stock market, just the exchanges are different. In any case the price is determined by how many sales and buy orders, which is the most important.

The cycles should start to lengthen. I think the last crypto bull run would have lasted much longer had it not been for the economy

Yes, something in that style. But it will take time .
Don't expect miracles in a month or three.

Don't think it will be like stocks but for sure less volatile

Moar and less.. think crypto market is still small, but may start attracting moar investment (money). Not exactly like stock which are traditional companies, fundamentals are two different animals.

I think we'll se a more relation between S&P 500 with crypto after the approval, because they more will come from the same place - The Big Companies: BlackRock, Grayscale...