PPI day + Fed December hike fears + Dollar Index above 103.
That is the triple punch behind today's $BTC crash.
Traders are pricing in a rate HIKE, not a cut. Risk assets hate that.
$ETH at ~$1,910 is paying the price too.
#Ethereum #Crypto
Not financial advice.
That is the triple punch behind today's $BTC crash.
Traders are pricing in a rate HIKE, not a cut. Risk assets hate that.
$ETH at ~$1,910 is paying the price too.
#Ethereum #Crypto
Not financial advice.