In a recent update, Standard Chartered has suggested that the prolonged downturn in the cryptocurrency market, often referred to as the 'crypto winter,' may be coming to an end.
The bank points to three significant factors—ongoing tensions related to the Iran War, the anticipated SpaceX IPO, and recent ETF outflows—that appear to be stabilizing.
While these developments could signal a potential recovery, it is important to approach this optimism with caution, as the reliability of these indicators is still in question.