Cryptocurrencies started the week with an upward trend but have returned to previous levels. Sales increased among altcoins, with traders unable to recover their losses. Next week is crucial, as we are likely to see a definitive direction and potential break in cryptocurrency trends. What are the forecasts for AVAX ($12.61), SHIB ($0.00), and XRP ($1.86) Coin?
Shiba Coin (SHIB)
Today, the PCE data came in above expectations. The Michigan index indicates high inflation expectations. Coupled with the unusually low consumer confidence figures, this has led to a panic atmosphere in risk markets. While gold continues to rise, stock losses are mounting, affecting cryptocurrencies as well.
XRP Coin
Among the largest altcoins by market cap, XRP has escaped regulatory pressure. With the growth of RLUSD ($1.00), we will likely feel the long-term effects of Trump’s support for U.S.-based cryptocurrencies. Various developments, including Ripple
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