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Cryptocurrency Crashing Again? Here's What I'm Saying, Blockchain Is Here To Sta by Ekomaster1: 9:37pm On Jun 18, 2022 |
This is crazy; this has been an insane week, so this is going to be a super juicy analysis. Let me explain exactly what's going on in the markets because everything is crashing with bitcoin and ethereum hitting their lowest price levels since the year 2020. Stocks are falling thanks to worries of a recession, the Fed breaking the economy and, of course, the report about losing a million dollars just a couple days ago. At this rate, we should start renaming 401ks to 201ks. In all seriousness, there are two things that are going up this week that we don't necessarily want: real estate interest rates, which saw their biggest weekly jump since 1987; and, of course, inflation. Setting another 40-year record high, it was food, shelter, and gas that contributed the most to inflation. The last time our CPI reading was this high was in the year 1982, but here's the kicker. All of this news comes at a time when the market is at its most sensitive point. So let me show you the market data first, and then I'll help break down exactly what's happened. But remember that all the data that we have today is data from last month, so everything we see today is... Continue Reading:- https://www.cryptoete.com.ng/2022/06/cryptocurrency-crashing-again-thats.html 1 Like
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