Clouds âïļ and rain ð§ïļ ahead for the global crypto market in the next 24 hours, signaling a slightly bearish market with downside risk. The additional rate hikes looming in the US make investors ð° cash in on their profits.
Over a one-week horizon, the sun âïļ will return on Bitcoin and Binance, translating into a slightly bullish market with upside potential. Other altcoins such as Ether and XRP won't profit from this upward trend and are likely to continue to face downward pressure over the coming week.
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