10x Research: Risk assets such as cryptocurrencies are on the verge of a major price correction
According to Mars Finance news, 10x Research published an article on the X platform stating that risky assets represented by stocks and cryptocurrencies are on the verge of a sharp price adjustment. The main trigger is unexpected and persistent inflation. The (U.S.) bond market is now pricing in fewer than three rate cuts and with the 10-year Treasury yield above 4.50%, the market may have reached a critical tipping point for risk assets.
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
Bitcoin Rally: $96,500 Price—Is It Heading for $100K Soon?
The Block Research’s Analysts: 2025 Predictions
The Block Pro Research team makes its predictions about what will happen in 2025.Our 2024 predictions can be read here.Disclaimer: The projects mentioned in our predictions are not recommendations from our team and should not be misconstrued as investment advice. Many projects that appear in this outlook are highly experimental and, as such, will come with risks. Readers should evaluate their own risk tolerance before experimenting with these projects.
Solana (SOL) Enters Consolidation Ahead of Possible $200 Comeback
Pudgy Penguins (PENGU) Price Surges With Volume Up 150% in 24 Hours
Trending news
MoreCrypto prices
More
