Standard Chartered's Geoffrey Kendrick has flagged two potential triggers that could reverse the recent downturn in crypto markets — a SpaceX IPO and a U.S.-Iran peace deal, per CoinDesk.
A $SPCXB SpaceX listing would inject fresh risk appetite into markets, while a peace deal could ease geopolitical tensions and stabilize energy prices — both conditions historically favorable for crypto. If either materializes, sentiment could shift quickly, pulling capital back into digital assets after weeks of selling pressure.
Comment your analysis, what do you think?
SPCXB
168.55
+1.02%