The crypto market lacks catalysts and its leading position is threatened 🧪🧪
In terms of cryptocurrency, there is still a lack of new catalysts to push up prices, and a large amount of bad news has been basically digested. In addition, the Fed’s interest rate hike cycle is coming to an end, and the downside space is relatively limited. Prices are basically repeating the past week. Trends, however, have seen recent declines jeopardize the cryptocurrency's lead in gains this year, with the Nasdaq-100 nipping at its heels as Nvidia and other tech giants surge.
