The US Securities and Exchange Commission (SEC) is paving the way for institutions to trade both securities and cryptocurrencies simultaneously through a single platform, according to analysis by Midas. This shift could significantly impact the cryptocurrency market as it opens new opportunities for larger players to enter and expand investments.
SEC Chairman Paul Atkins’ comments on the matter suggest that institutions should be able to handle both types of assets under one roof, facilitating smooth transactions between traditional finance and the crypto world.
Mitigating regulatory barriers will enable large institutional investors to participate more actively in the crypto market. As a result, the industry could experience substantial investment inflows from hedge funds, pension managers, and investment banks, potentially exceeding $5 trillion into altcoins within the next cycle. This anticipated influx could contribute to high returns for investors who seize early opportunities in the market.
Midas’ insights suggest that individuals can significantly increase their profits by investing in early-stage cryptocurrencies with strong growth potential. These insights are based on historical observations of past cycles where many undervalued crypto coins experienced impressive returns.
Other experts, including Chiefy and Mayo Insights, also support this view, citing growing momentum in the market and positive technical signals like a decline in the RSI below 60 after breaking into overbought territory, signaling continued bullish movement.
The current market conditions are characterized by a strong upward trajectory. Bitcoin dominance (BTC.D) is currently testing a key resistance level at 64% which could trigger capital shift towards altcoins if Bitcoin fails to break above it. This signals the potential for increased performance from altcoins in the coming period.
The overall market cap currently sits around $3.32 trillion, and analysts predict a support level at $3.24 trillion. Experts also point to technical indicators suggesting that the upward movement may continue.
As Midas warns, the opportunity to enter the crypto market at this early stage could soon vanish. He urges individuals to seize the moment and position themselves for potential gains if they act before it’s too late.