Marex Solutions said Wednesday that Wall Street's shift to small-cap stocks at the expense of large-cap stocks could fuel the crypto market's rally. Ilan Solot, senior global strategist at Marex Solutions, said industry rotation could be the most important macroeconomic factor for cryptocurrencies.
"As the popularity of the Mag 7 stock goes down, money will look elsewhere to deploy. Small caps are a knee-jerk reaction, but I suspect cryptocurrencies will benefit from this rotation," Solot said in an interview.
Marex Solutions: US Industry Stock Rotation Trend Could Drive Crypto Market Up
2024-07-17 11:28:59
Marex solutions said Wednesday wall street sacrifice large stocks for pricedesk3cryptocurrencydesktopCrypto News
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
Marex Solutions：美国行业股票轮换趋势或推动加密市场上涨Next article：
贝莱德IBIT持仓超32万枚比特币，较昨日增加4000逾枚
