10x Research: Cryptocurrency is on the brink of a significant price adjustment
ChainCatcher news, 10x Research stated on social platforms that risk assets represented by stocks and cryptocurrencies are on the verge of a significant price adjustment. The main trigger is unexpected and persistent inflation. The bond market currently expects fewer than three rate cuts, with the 10-year Treasury yield exceeding 4.50%, and the market may have reached a critical threshold for risk assets.
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