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Bitcoin, Ethereum, Dogecoin Mixed Amid Political, Economic Uncertainty: Analyst Sees Apex Crypto Rising To This Level Despite 'Ultra Boring' Weekends

From benzinga.com

Over the weekend, major cryptocurrencies experienced a mixed trading pattern. This can be attributed to various factors, including the ongoing Israel-Hamas conflict and concerns surrounding persistent inflation. In light of the prevailing political and economic uncertainty, certain investors opted to sell off their riskier assets as a hedging strategy. {table} What Happened: The cryptocurrency market is currently facing significant pressure due to various factors, including the ongoing trial of Sam-Bankman Fried, and the looming possibility of another interest rate hike. Coinbase director Conor Grogan pointed to an ... (full story)

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  • Category: Fundamental Analysis