Cryptos face whipsaw action amidst trade jitters and regulatory risks. Bearish sentiment grows despite Gold's surge. Is this just another crypto plot twist?
Cryptos, Whipsaw, Again: Navigating the Wild Ride
Cryptos are experiencing a classic whipsaw, driven by U.S.-China trade tensions and regulatory concerns. Are we heading for another unexpected turn? Let's dive in.
Market Sentiment: From Hope to Fear
Remember that brief moment of crypto euphoria fueled by Fed Chair Powell's dovish hints? Yeah, that didn't last. Markets quickly shifted focus, and the CMC Fear and Greed Index plummeted, indicating a significant drop in market confidence. One day we are thinking about lambos, and the next day we are back to wondering if we should have sold at the top.
The Paxos
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