• 27 September, 2024
Market News

EMC Labs: Crypto Bull Market to Enter Second Half Soon

EMC Labs, a crypto fund management agency, shared an analysis predicting the second half of the crypto bull market is set to begin. The firm highlighted key factors such as monetary easing by three of the world’s four major central banks, stabilization in the US stock market, and increased on-chain activity. They noted that Bitcoin's short-hand cost price has risen to around $65,000 amid a steady fund inflow during the market's six-month adjustment. EMC Labs also expects altcoins to outperform Bitcoin in the coming months, focusing on innovative blockchain infrastructure and Web3 applications.

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