Analysis: The continuous rise in gold prices and the overvaluation of the stock market may drive funds to re-balance and flow into the crypto market.

BlockBeats News, January 27 — IG Group stated that the continuous rise in gold prices and the overvaluation of the stock market may prompt portfolio rebalancing, with funds flowing into cryptocurrencies, thereby driving a new round of upward trends. Progress in UK regulatory developments also provides support for the market.

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