The Fed may start cutting by year end, notes Anthony Scaramucci. He discusses bitcoin (/BTC), saying that it behooves people to stay patient. He talks about some headwinds for bitcoin including that the regulatory environment in the US is negative. He also goes over how AI is going to be a big part of the future. He also mentions that rates could stay higher for longer according to the consensus on Wall Street. He looks at when bitcoin (/BTC) could moon, as well as the crypto and A.I. overlap. Finally, he examines some conclusions from the SALT Conference. Tune in to find out more about the stock market today.
Market On Close
30 May 2023
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