ACQUIRE.FI MARKET ANALYSIS
Week Ahead: Crypto rebounds on Friday after volatile week, Luna collapse added to risk aversion This week, BTC dropped below 26K as risk assets remained under pressure before recovering to above 30K price levels in volatile Friday trading. BTC recorded its first seven-week decline with Terra unravelling, lower risk appetite by investors, and a USD […]
ACQUIRE.FI MARKET ANALYSIS
May 09, 2022 WEEK AHEAD: Crypto assets under pressure after Fed rate hike, risk appetite dried up Thursday, triggering selloff BTC dropped below 35K this week following market volatility after the Fed hiked the U.S. benchmark rate by 50 basis points (0.5%) on Wednesday. Initially, risk assets reacted positively to Fed Chair Jerome Powell’s remarks […]
