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The scrolls of Cryptonia

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I love you guys , please follow me $WLD

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buy what?$SCR now

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*Tuesday's Mission 💰* Hey Traders!👋 Monday was is in full swing, and this is the perfect moment to note the pivotal events that could shake up the markets this week. Economics will be at the forefront for us.📈 Central banks across the globe are taking vastly different stances, creating a perfect storm for currency and commodity trades. Here’s what you need to know:👇 Top Events This Week 1. **ECB**: Expected 25 bps rate cut on Thursday. Mixed messages likely to weaken the Euro. 2. **US Core CPI**: Stubborn inflation may boost USD, affect Gold and Stocks. 3. **BoC**: Anticipated 50 bps rate cut on Wednesday. Could weaken CAD if more cuts are signaled. 4. **RBA**: Likely to hold rates steady at 4.35%. Could strengthen AUD. 5. **SNB**: Markets expect a 25 bps rate cut. An unexpected hold would strengthen CHF. **Gold Analysis**: - **Bullish**: Breakout above $2,692 could lead to $2,717-$2,720. - **Bearish**: Rejection or break below $2,669 may see $2,653 or lower. 1. **Increased Volatility**: Central bank decisions, especially unexpected ones, can lead to increased market volatility. Traders and investors may react quickly to news, causing sharp price movements in cryptocurrencies. 2. *Bitcoin and Ethereum**: These major cryptocurrencies might experience fluctuations. If the Federal Reserve cuts rates more aggressively than expected, it could boost Bitcoin and Ethereum as investors seek alternative assets. Conversely, a less favorable decision might lead to declines. 3. Altcoins: Smaller cryptocurrencies (altcoins) could see significant movements as well. Positive news might lead to gains, while negative news could result in losses. 4. **Safe-Haven Assets**: In times of economic uncertainty, cryptocurrencies like Bitcoin are sometimes viewed as "digital gold" and could see increased interest as a safe-haven asset. 5. **Market Sentiment**: Overall market sentiment will play a crucial role. Positive developments in the global economy might lead to bullish trends, while negative news could result in bearish trends. follow me for more$XRP

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