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Coin-turk.com 2023-07-09 16:28:26

Crypto Investors Face Increasing Losses as Negative Trends Continue in Altcoins

Crypto investors are witnessing increased losses in altcoins as a result of the negative trends in BTC prices. The upcoming days are crucial. In the meantime, there are clear signs of decline for some altcoins. So, what is the expectation for the king of altcoins? What awaits investors in the coming days? Here are the details. Ethereum (ETH) In the coming days, U.S. inflation data will be released and a surprise here could increase volatility. The expectation is that the decrease in inflation will continue, and if there is a decrease above expectations, this could price Bitcoin‘s July interest rate decision. The employment front is weakening, albeit not to the expected extent. If inflation also continues to decline, the Fed may refrain from raising interest rates at the end of the month. This could lead investors to double-digit gains in altcoins. The opposite scenario would increase the momentum of the […] The post Crypto Investors Face Increasing Losses as Negative Trends Continue in Altcoins appeared first on COINTURK NEWS.
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