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Crypto Market Likely To Experience Frustration In The Coming Weeks, Expert Warns

Bitcoinist LogoBitcoinist10h ago

Crypto Market Likely To Experience Frustration In The Coming Weeks, Expert Warns - Bitcoinist

Quick Summary:

Considering the recent trend in the cryptocurrency market, a crypto expert claims that the market is projected to experience frustrating and erratic price movements in the short term as volatility and uncertainty continue to plague the sector.

Caueconomy highlighted that through the popular dollar-pegged stablecoin USDT, more than $3 billion was added to the market in the last 30 days.

While it is unfortunate that frustration is projected to continue, the analyst claims it is imperative as investors wait for 2025 with great effort and patience, which is believed to be a bullish year for digital assets.


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Article Details

Author / Journalist: Godspower Owie

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-05 @ 21:30:30 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 445 words

Reading Time: 3 minutes read

Sentences: 29 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 22382572

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About Bitcoinist

Bitcoinist Logo

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 36 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 9 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

Publisher Details

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The story "Crypto Market Likely To Experience Frustration In The Coming Weeks, Expert Warns" was covered 10 hours ago by Bitcoinist, a news publisher based in Hungary.

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