Post
Topic
Board Speculation (Altcoins)
Re: global stock markets are under bearish pressure
by
RussianEnglishTranslation
on 05/09/2022, 15:44:43 UTC
Wall Street tumbled on weekend trade after Fed Chair Jerome Powell's speech in Jackson Hole, which signaled that the US central bank would continue to raise interest rates to tame inflation, dashing investors' hopes of a gentler rate hike path.
My question is will this have any impact on cryptocurrency projects

Well yes, is the DXY goes up, then everything else goes down. This is an opportunity to DCA into promising cryptos like ICP, CNDL, and 0xMR.