Cryptocurrencies: 28960
Markets: 114116
Market Cap: $2,557,594,794,866     
24h Vol: $95,209,059,350
Coin-turk.com 2023-08-05 19:19:09

Crypto Market Could Collapse If Financial Trend Materializes, Analyst Claims

Crypto analyst and trader DonAlt, who predicted and positioned himself before the rally at the beginning of the year, resulting in significant profits, claimed that the crypto market could collapse if a financial trend occurs. Short-Term Outlook of the Crypto Market Depends on the S&P 500 Anonymous crypto analyst and trader DonAlt, stating that he closely monitors the performance of the S&P 500 index, said that if the stock index shows signs of a slowdown, there will likely be a significant correction in Bitcoin (BTC) and altcoin markets, and he stated the following: The problem with the crypto market not rallying while stocks rally is that when stocks stop rallying, cryptocurrencies collapse.The post Crypto Market Could Collapse If Financial Trend Materializes, Analyst Claims appeared first on COINTURK NEWS.
esptco-banner img

Videos
  • What is Bitcoin Mining? Step By Step Process!

  • Ripple XRP: What is Ripple XRP? EXPLAINED!

  • Ethereum Explained: What is Ethereum & How Does it Work? Simply Explained!

  • Spot Trading vs P2P Trading!

Our Partners