Analyzing Economic Events in the Crypto Market The next 48 hours present a dense calendar of high-impact economic releases, setting the stage for significant market movement, particularly for dollar-denominated assets like crypto. Wednesday, October 28, kicks off with advance international trade data at 12:30 ET, covering the balance, imports, and
Crypto Market Analysis & Trend: Neutral/Trending Down The crypto market shifted from ‘Greed’ to ‘Fear’ over the past 24 to 48 hours. On October 26, the Fear and Greed Index hit 50pt, signaling greed, according to Alternative.me, BitDegree.org, and Milkroad.com. By October 27, it fell to 48pt, landing the market
Crypto Market News Analysis Bitcoin’s price plunged below $80,000. This drop follows broader caution from the Fed. It’s a significant move after a period of strong performance, potentially leaving investors questioning the market’s next direction. Ethereum isn’t faring much better; whales are taking on more short positions, suggesting ETH could
Analyzing Economic Events in the Crypto Market The next 48 hours are packed with crucial US economic data, setting the stage for potential volatility across risk assets, including crypto. Tuesday, October 27th, is particularly heavy, kicking off with high-impact Durable Goods Orders at 12:30 ET. We’re looking at Core Capital
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