Coinbase sees strong quarter for Bitcoin, fueled by US rate cuts, Chinese stimulus

Coinbase Institutional report highlights optimism for the crypto market, driven by expectations of US rate cuts and China’s monetary stimulus, which could boost bitcoin’s performance in Q4 2024. While bitcoin remains strong, Ethereum faces challenges with transaction fees in growth and the limited impact of the US spot exchange. -traded funds (ETFs). Coinbase: “We anticipate a constructive fourth quarter 2024” (…)