It is emphasized that political discourses on artificial intelligence and digital assets in the USA have also increased the interest in risky assets. After US Vice President Kamala Harris made aggressive statements about AI and digital assets at fundraising events, AI-related tokens have seen a recovery.
Additionally, the SEC’s approval of IBIT Bitcoin ETF options trading points to the growing acceptance and demand for digital assets. The QCP report notes that specific factors driving cryptocurrencies higher are currently lacking, but improving macroeconomic conditions could push cryptocurrency prices higher in the long term.
