Weve had plenty of scepticism come out over inclusion of altcoins in the strategic reserves. News reports on it undermining the reserve.
We have also had Trumps cost cutting and tariffs pushing bearish pressure on the market. While ADA+XRP+SOL are sitting on previous all time highs. Even more troublesome is the unwinding of USDT.
This may pull away one of the largest liquidity providers to the crypto space. This can be extremely bearish.
I am myself however still bullish. I see rising fundamentals and a lot of room for upside in L1s and applications token price.
We have also had Trumps cost cutting and tariffs pushing bearish pressure on the market. While ADA+XRP+SOL are sitting on previous all time highs. Even more troublesome is the unwinding of USDT.
This may pull away one of the largest liquidity providers to the crypto space. This can be extremely bearish.
I am myself however still bullish. I see rising fundamentals and a lot of room for upside in L1s and applications token price.
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Free Trading Data Alerts >>> softquant.io
5 day FREE trial >>> discord.gg/jJG5EYA
5 day FREE trial >>> discord.gg/jJG5EYA
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.