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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 i...

2024-07-17 11:28:59