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The size and scope of the US stock market gives policymakers a strong incentive to prevent major drawdowns, Bitget Wallet COO Alvin Kan said.
On that structural argument, Kan sees a Federal Reserve move to support equities as a scenario that would carry positive spillover for crypto.
The incentive structure Kan describes Equity markets are large enough in their reach across household savings and institutional portfolios that significant drawdowns generate pressure for intervention.
Kan's reading is that this scale makes a Fed backstop a credible policy scenario, one from which crypto would benefit alongside equities. Reading the claim carefully The argument is conditional, not a forecast.
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