Cryptocurrencies remain under pressure and I expect that things will get worse before they potentially get better as we see cracks appearing in the underlying fundamentals of the asset class. Solana is taking an unprecedented step of freezing a large account that goes against the idea of a decentralised exchange…and will potentially trigger shockwaves in the crypto space.
Major share market Indexes are heading lower as traders unwind risk assets in the face of raising interest rates and continued high inflation.
I recap the major markets and key levels to watch and what we can expect going forward.
Hope you enjoy
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