‘Crypto summer’ likely to start in Q2 2023, Morgan Creek Capital CEO says

‘Crypto summer’ likely to start in Q2 2023, Morgan Creek Capital CEO says
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The upcoming crypto bull market is going to start earlier than most people think, according to Mark Yusko, founder and CEO of Morgan Creek Capital Management. Yusko believes the upcoming crypto bull run or, as he refers to it, "Summer of Crypto" could begin as soon as Q2 of this year due to the combination of the central bank's more accommodative policies and the anticipation of bitcoin () by half. 

While the U.S. Federal Reserve is unlikely to lower interest rates soon, yusko says markets tend to anticipate Fed decisions. It means that even a slowdown or pause in interest rate increases would be interpreted as the signal of an impending pivot. Which would trigger positive momentum across all risky assets, including cryptography. 

What is very likely, in my opinion, is that the Federal Reserve will say, All right, we're good." But it's going to be interpreted as "we're going to reduce" and risky assets are going to blow up again," Yusko said. 

On top of the Federal Reserve's more accommodative policies, Half the bitcoin is expected, to be held in Q2 of next year, It will also stimulate up-market sentiment.

"the market always expects half [...] nine months before it's usually when the start of summer," yusko said. 

To find out when and how to get ready for the next crypto bull race, watch the full interview on our YouTube channel and don't forget to subscribe!