Market Update:
$350 million in long positions were liquidated in the cryptocurrency market in just 20 minutes.
This followed news that the Clarity Act failed to secure the 60 votes needed to proceed in the US Senate.
Today, we await the Federal Reserve's decision on raising interest rates.
Of course, we mustn't forget to consider the implications of this decision, the Fed Chair's tone, and the general trend of bond yields.
Indicators point to further declines.
Don't rush into trading or gamble.
Wait for confirmation and further developments before making any trades.
$GOOGL.US
#BTC
$350 million in long positions were liquidated in the cryptocurrency market in just 20 minutes.
This followed news that the Clarity Act failed to secure the 60 votes needed to proceed in the US Senate.
Today, we await the Federal Reserve's decision on raising interest rates.
Of course, we mustn't forget to consider the implications of this decision, the Fed Chair's tone, and the general trend of bond yields.
Indicators point to further declines.
Don't rush into trading or gamble.
Wait for confirmation and further developments before making any trades.
$GOOGL.US
#BTC
