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Rotation Out of Mega-Cap U.S. Stocks Could Provide Tailwind for Cryptocurrencies, Marex Solutions Says

Wall Street investors are deserting mega-cap stocks and piling into small caps amid cooling inflation and strengthening signs of a Fed interest-rate cut.

Updated Jul 17, 2024, 6:00 p.m. Published Jul 17, 2024, 11:19 a.m.
Stock rotation on Wall Street could be creating a tailwind for crypto markets. (Peggy_Marco/Pixabay)
Stock rotation on Wall Street could be creating a tailwind for crypto markets. (Peggy_Marco/Pixabay)