If oil prices remain high through the end of this year, I believe gold and cryptocurrencies will be significantly affected by a downturn and will move contrary to expectations.
However, another factor that could negatively affect gold and cryptocurrencies is the US Federal Reserve raising interest rates, which could drain liquidity from the gold and cryptocurrency markets. There is also negative news about the performance of US stocks as competition in the markets intensifies among Chinese, Asian, and American companies. $QNT $BTC $ADA
In this final quarter, we are facing a major change that could occur in the crypto market, and this shift could absorb the liquidity and bets in the markets.
#BlackRockCryptoAssetsJump63%
#CPIWatch
#SouthKoreaPlansTighterCybersecurityRules
#KOSPICloses7.57%LowerTriggeringCircuitBreaker
#WarshPushesToScaleBackForwardGuidanceAndDotPlot
However, another factor that could negatively affect gold and cryptocurrencies is the US Federal Reserve raising interest rates, which could drain liquidity from the gold and cryptocurrency markets. There is also negative news about the performance of US stocks as competition in the markets intensifies among Chinese, Asian, and American companies. $QNT $BTC $ADA
In this final quarter, we are facing a major change that could occur in the crypto market, and this shift could absorb the liquidity and bets in the markets.
#BlackRockCryptoAssetsJump63%
#CPIWatch
#SouthKoreaPlansTighterCybersecurityRules
#KOSPICloses7.57%LowerTriggeringCircuitBreaker
#WarshPushesToScaleBackForwardGuidanceAndDotPlot