The cryptocurrency market is navigating a period of uncertainty following the Federal Reserve's recent 25-basis-point rate cut on October 29. Market participants are closely watching for potential further cuts in December, which could impact short-term volatility. Additionally, macroeconomic factors and events such as the Mt.Gox repayments are contributing to market fluctuations.
Meanwhile, the trend of tokenizing real-world assets (RWA) is gaining momentum, with projections suggesting the market could reach $2 trillion by 2028. This growth is supported by increasing involvement from traditional finance sectors and evolving regulatory frameworks, which are expected to drive long-term expansion in the crypto space.
Crypto Market Faces Uncertainty Amid Fed Rate Cuts and Tokenization Growth
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