How US market influence crypto ????

Here’s a summary of how the crypto market is influenced by the U.S. market:

Growth Projection: A study by Allied Market Research predicts that the global cryptocurrency market will surpass $4.94 billion by 2030, more than tripling its estimated size in 2020. The compound annual growth rate (CAGR) is projected to be 12.8% between 2021 and 2030. Key drivers include increased demand for international remittances and transparency in global payment systems1.
Spot Bitcoin ETFs: In 2024, the U.S. Securities and Exchange Commission (SEC) approved spot Bitcoin exchange-traded funds (ETFs), marking a historic milestone for the crypto industry2.
Regulation Impact: U.S. economic policies significantly affect the crypto market. The SEC’s moves aim to prevent fraud, reduce market manipulation, and increase disclosure from crypto holders and exchanges3.
Market Volatility: The dollar’s strength and risk aversion impact crypto prices. For instance, when the dollar rallies, cryptocurrencies may face downward pressure4.
Remember that the crypto market is dynamic, influenced by various factors beyond the U.S. market alone. If you’d like more details, feel free to ask! 😊