Presto Research: Cryptocurrency market volatility may increase in the coming week
Golden Finance reported that after the stronger-than-expected employment data released in the United States, the cryptocurrency market was sluggish, and meme stocks such as GameStop also fell, affecting riskier assets such as alternative tokens and Memecoin. Presto Research analysts expect crypto market volatility to reappear in the coming week with macroeconomic catalysts such as the CPI data released on Wednesday, the FOMC meeting on Thursday, and Yellen's speech on Friday.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Decentralized RWA infrastructure project Infinite Galaxy Protocol officially launches Genesis Node sale
HyperLiquid co-founder: No external fundraising has been conducted, so there are no investor HYPE token unlocks
Santiment: Stablecoin yields decline, Ethereum may soon return to the $3,200 level
Data: Ethereum staking rate reaches 28.65%, Lido market share at 24.12%