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Related Articles
Oil prices may push above $90, pressuring the market. Bitcoin drops below $71,000, and the Crypto Fear & Greed Index falls to 18.
Macroeconomic pressures are weighing on the cryptocurrency market, with oil prices expected to break through $90, causing Bitcoin to drop to $71,000, and the market fear index falling to 18. High oil prices may boost inflation, influence Federal Reserve policies, and further suppress risk assets. Despite widespread market panic, historical data shows increased chances of a rebound at this time. Moving forward, attention should be paid to oil prices and Bitcoin price trends to determine the market direction.
GateNews5m ago
Analysis: Ethereum's rebound faces macro resistance, with derivatives and on-chain indicators showing cautious market sentiment
Although Ethereum's price rebounded by 22%, it remains relatively weak due to macroeconomic factors. Weekly DEX trading volume dropped to $12.6 billion, and DApp revenue decreased by 47%. Ethereum dominates the total locked value, with a mainnet TVL of $55.4 billion, indicating institutional investor preference.
GateNews15m ago
Lyn Alden predicts: Bitcoin will surpass gold within 2-3 years, and the short-term negative sentiment is unfair.
Macroeconomist Lyn Alden is optimistic about Bitcoin's future performance, believing that the market's negative sentiment towards it is overly unfair, and pointing out the cyclical rotation pattern between gold and Bitcoin. In contrast, investor Ray Dalio believes that gold is the true currency, emphasizing its institutional backing and historical maturity. Market predictions for Bitcoin and gold are divided, demonstrating that their operational logic differs.
MarketWhisper35m ago
Shiba Inu Struggles After Bounce — Is Another Selloff Brewing?
SHIB trades in a clear downtrend with weakening support at $0.0000053.
On-chain data shows steady selling and limited whale accumulation.
Failure to reclaim $0.0000060 keeps downside risk elevated.
Shiba Inu faces mounting pressure as bearish signals stack up. Price now hovers
CryptoNewsLand36m ago
