Altcoin Rally Faces Headwinds Amidst Macro Uncertainty, Analysts Say
Analysts at crypto services firm Matrixport think altcoins will be hard-pressed to enjoy much of a rally in the immediate future. A combination of factors paints this grim picture. Major contributing factors are the U.S. Federal Reserve’s monetary policy, macroeconomic uncertainty, and an absence of robust liquidity motivators. The approval...