Crypto Markets Anticipate Thrilling Moves Tonight
Main Idea
Cryptocurrency markets are anticipating significant price movements tonight, with ETH nearing a new all-time high and other major cryptocurrencies like SOL and BNB also showing strong performance.
Key Points
1. ETH price has surged to $4,775, close to its recent peak, with potential to set a new all-time high if it maintains above $4,700.
2. SOL Coin remains above $200, targeting $296, while BNB Coin is positioned just below its all-time high.
3. The ETHBTC pair shows strength at the 0.0385 level, indicating a potential target of 0.0407BTC, which would mean ETH achieving a new all-time high.
4. Investors are closely watching the Fed's potential rate cuts, with expectations of three 25 basis point cuts in September, October, and December this year.
5. Despite a robust labor market, there are signs of weakness, particularly affecting low and middle-income consumers, with difficulties now impacting higher-income brackets.
Description
Investors anticipate major movements in the crypto market tonight. ETH nears another potential ATH, exciting crypto enthusiasts. Continue Reading: Crypto Markets Anticipate Thrilling Moves Tonight The post Crypto Markets Anticipate Thrilling Moves Tonight appeared first on COINTURK NEWS .
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