Why crypto market is going up – Is FOMO the real catalyst behind the rise?

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AMBCrypto 3d ago

Why crypto market is going up – Is FOMO the real catalyst behind the rise? - AMBCrypto

Quick Summary:

When retail interest is high, it drives buying activity but can also cause a correction once buyers are exhausted.

However, if the current bullish momentum continues until the end of the year, it could lead to a bear market in 2025.

After the Republican Party won the 5th of November US elections, the focus has now turned to the Senate leadership. Speculation was rife that Florida Senator, Rick Scott, will take the position of Senate majority leader after he was endorsed by Tesla CEO, Elon Musk.