Coinbase Chief Executive Officer Brian Armstrong said the crypto market is "quite possibly at the beginning of the next bull market," according to Bitcoin Magazine, which cited remarks he made in an interview with CNBC. Armstrong pointed to two factors he said could shape market direction in the coming months. One is a Sept. 15 vote on the CLARITY Act. The other is the period after Bitcoin’s halving cycle, with October, November, and December having traditionally been stronger months for market performance. His comments tied a pending policy event to a seasonal pattern he said has historically followed Bitcoin halving cycles. The remarks were reported by Bitcoin Magazine and relayed by ChainCatcher as a short market and policy update.
Coinbase Chief Executive Officer Brian Armstrong said the crypto market is "quite possibly at the beginning of the next bull market," according to Bitcoin Magazine, citing comments from his CNBC interview.
Armstrong said a Sept. 15 vote on the CLARITY Act could be one factor shaping market direction. He also pointed to October, November, and December, which he said have traditionally been stronger months following Bitcoin’s halving cycle.
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