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- CC#31 // The crypto market awaits both good and bad outcomes.
CC#31 // The crypto market awaits both good and bad outcomes.
The end of the war, the reduction of key rates by the Fed, the upcoming US elections where either a Republican or a Democrat will win by a large margin, and the Bitcoin halving - there are many upcoming events that could have a positive impact on the value of cryptocurrencies.
Therefore, it's not necessary to despair now while observing the temporary decline in cryptocurrency prices.
On the other hand, it's important to acknowledge that the resolution of one conflict could potentially lead to another. Similarly, the occurrence of a halving event might result in decreased mining activity as miners earn less profit. Furthermore, a reduction in the key rates by the Fed could potentially prompt regulatory measures against cryptocurrencies. Additionally, there is always a risk of exchange bankruptcies or security breaches in DeFi projects, which would adversely affect your crypto assets.
💀Welcome to the complex world of cryptocurrencies.
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