10x Research: Cryptocurrencies are on the brink of a major price correction
According to BlockBeats, on April 16, 10x Research said on its social platform that risk assets represented by stocks and cryptocurrencies are on the verge of a major price adjustment. The main cause is unexpected and persistent inflation. The bond market currently expects less than three interest rate cuts and 10-year Treasury yields to exceed 4.50%. The market may have reached a critical tipping point for risk assets.
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