🚨 Here's the Scoop . . .
✅The global crypto market has pulled back by 1.5% in the last 24 hours, dragging total market cap down to $2.3 trillion. After the initial optimism from the provisional peace agreement between the U.S. and Iran, investor sentiment shifted to a defensive stance.
✅The main trigger for this downturn was the hawkish signals emitted after the Federal Reserve (Fed) meeting and inflation data that diminish the likelihood of a rate cut in the near future. This led to aggressive profit-taking and massive liquidations in the futures market.
$QAIT $ESPORTS $O
✅The global crypto market has pulled back by 1.5% in the last 24 hours, dragging total market cap down to $2.3 trillion. After the initial optimism from the provisional peace agreement between the U.S. and Iran, investor sentiment shifted to a defensive stance.
✅The main trigger for this downturn was the hawkish signals emitted after the Federal Reserve (Fed) meeting and inflation data that diminish the likelihood of a rate cut in the near future. This led to aggressive profit-taking and massive liquidations in the futures market.
$QAIT $ESPORTS $O