Crypto Market Sentiment
The #CryptoMarkets has shed significant value in the past weeks due to plunging market sentiment and #Bitcoin❗ price falling below $55,000. As a result, the price of #assets tanked wiping off gains recorded in Q1 2024. #LUNACLASSIC needs positive sentiments to attract the needed inflows. An uphill drive for the asset is also dependent on macroeconomic factors like a cut in interest rates among others. The Bank of Canada announced rate cuts leading to speculations in the United States.
