Crypto Markets Will Be Driven by Geopolitics, Macroeconomy After the Bitcoin (BTC) Halving, Coinbase Says

Whereas crypto has been largely been seen as a “risk on” asset class, Coinbase says “bitcoin’s continued resilience and the approval of spot exchange-traded funds (ETFs) has created a bifurcated pool of investors (for bitcoin in particular) – one which sees bitcoin as a purely speculative asset, and another that treats bitcoin as a ‘digital gold’ and hedge against geopolitical risk.”