Aug 11 • General discussion
Crypto update from last week.
Markets may have just been given a reason to breathe. 📈
After a surprisingly weak US jobs report, expectations of further rate hikes eased, helping risk assets and technology stocks finish the week strongly.
✅ Bitcoin held around $65,000
✅ Ethereum remained resilient
✅ The Nasdaq gained more than 5% on the week
✅ Markets are increasingly pricing in the possibility of lower interest rates
Institutional money continues to flow into both crypto and technology, but this week’s inflation data could determine where markets go next.
The big question is: are we witnessing the start of another leg higher, or is volatility still around the corner?
What are you watching most closely right now: Bitcoin, Ethereum or AI stocks? 👇
#Investing #Bitcoin #Ethereum #Technology #StockMarket #PersonalFinance
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Crypto update from last week.
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