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Sohaib jutt
🚨 This Bitcoin & Ethereum drop didn’t come out of nowhere!
The market looks like it’s already pricing in tonight’s Fed speech. Rising U.S. Treasury yields, a stronger dollar, and the renewed rate-hike expectations are putting serious pressure on risk assets.
Then there’s $BTC — failing to hold above $87K gave the bears the perfect excuse to push lower. Add the ongoing Middle East conflict and its impact on oil, and the risk-off mood becomes even stronger.
#DailyOrbit
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