10x Research: Cryptocurrency is on the verge of a significant price adjustment
2024/04/16 03:14
10x Research stated on social media that risk assets, represented by stocks and cryptocurrencies, are on the verge of significant price adjustments. The main trigger is unexpected and persistent inflation. The bond market currently expects fewer than three rate cuts, with a 10-year treasury yield exceeding 4.50%. The market may have already reached a critical threshold for risk assets.
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