Could The Russia-Ukraine War Drive Prices of Cryptocurrency Up?
3 monthes ago - By Luxuo
Image: DrawKit Illustrations/Unsplash
Just a few weeks ago, in my weekly discussions with our trading desk, we debated on what catalyst would be needed to take cryptocurrency prices higher and whether now would be a good time to turn bearish.
While it's no secret that tightening monetary policy was largely expected to weigh heavily on risk assets, cryptocurrencies included, our goal in that discussion was to ask the question, what if those assumptions were wrong?
What would it take for cryptocurrencies to go higher, contrary to what markets were currently pricing?
While our view is that...
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