• Advertise with us
  • Pricing
  • Submit News
Instagram Twitter Facebook Telegram Youtube Linkedin
EdaFace Newsfeed
EdaFace Newsfeed EdaFace
  • News
    • Price Analysis

    Main News

    • Crypto News
    • Bitcoin and BTC
    • Altcoin News
    • Security & Hacks
    • ICO & Token Sales
    • Interviews & Profiles

    Information

    • Press Release
    • Research Report
    • Regulations, Law & Policy
    • Community/Guest Post
    • Events & Conferences
    • Tutorials & Guides

    Market

    • Technical Analysis
    • Price Analysis
    • Cryptocurrency Price Prediction
    • DeFi (Decentralized Finance)
    • Mining & Staking

    Other Categories

    • NFTs & Digital Art
    • Opinion & Editorials
    • Tech Innovations
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
More
  • News
    • Price Analysis
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
Reading: Warning from Cryptocurrency Expert! Bitcoin and Altcoins May Crash Again, Watch Out There!
Share
Sign In
EdaFace Newsfeed
EdaFace Newsfeed EdaFace
EdaFace Newsfeed > Latest News > Crypto News > Warning from Cryptocurrency Expert! Bitcoin and Altcoins May Crash Again, Watch Out There!
Crypto News

Warning from Cryptocurrency Expert! Bitcoin and Altcoins May Crash Again, Watch Out There!

vitalclick
Last updated: August 21, 2024 4:54 am
5 months ago
Share
SHARE

Popular cryptocurrency expert and YouTuber WendyOwarned Bitcoin (BTC) investors about the recent strengthening of the Japanese yen. WendyO noted that Japan’s interest rate changes have previously caused serious fluctuations in the cryptocurrency market, and that a similar effect could be seen again. The Japanese yen has recently gained 2.4 percent against the US dollar, which is a sign of Bitcoin and other crypto moneyConcerns are growing about what impact it could have on the

Volatility in Cryptocurrency Markets and Japanese YenChina’s Attitude Towards Cryptocurrency and Changes in the Market

Volatility in Cryptocurrency Markets and Japanese Yen

Evaluating the current crypto market trends, WendyO BitcoinHe predicted that the price could fluctuate between $56,000 and $61,000 this week. EthereumHe said he expects it to move between $2,500 and $2,800. He also said that the new cryptocurrency etfHe noted that expectations for the ‘s are increasing. He particularly pointed out that Franklin Templeton’s cryptocurrency index ETF application may include Bitcoin and Ethereum, and more cryptocurrencies may be included in the future. A Prize Pool Worth 21 Million TL Awaits You from BinanceTR! Participating and winning has never been easier.. You can sign up to BinanceTR from this link. Get your first crypto!

According to cryptocurrency expert Japanese yenThe strengthening of the currency could have negative effects on cryptocurrencies, which are considered particularly risky assets. Historical data shows that the recent rise in the Japanese yen led to a sharp decline in the price of Bitcoin and altcoins in early August. In addition, speculation about a rate cut in the US continues to affect market dynamics.

China’s Attitude Towards Cryptocurrency and Changes in the Market

Wendy O, ChineseWhile briefly touching on speculation that China could lift its cryptocurrency ban, he drew attention to large Ethereum transactions made through Plus Token wallets. The expert interpreted this as a sign that China may be preparing for a policy change.

On the other hand Cardano (ADA) is among the top 10 cryptocurrencies in terms of market value. Tron (TRX) has joined the list. This change in ranking comes on the heels of the rapid interest in Sun Pump, a new memecoin platform launched by Justin Sun on the Tron network. The platform is expected to have great potential for activity and revenue, reflecting the interest in meme coins.

Along with all this, Solana continues to innovate in the industry by launching a market prediction betting platform similar to Polymarket. WendyO emphasized that despite current trends, the cryptocurrency market remains dynamic and new opportunities are emerging frequently.

Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.

You Might Also Like

Will SEC File A Last Minute Appeal?

What’s Happening in Cryptocurrencies? August 21 Important Developments

Ripple’s RLUSD Stablecoin Set to Launch Tomorrow

Bitcoin Is Solution to Economic and Political Challenges: CEO BlackRock

Cryptocurrency Analyst Fella: Get Ready It’s Starting, More is Coming

TAGGED:Cryptocurrency
Share This Article
Facebook Twitter Email Print
Previous Article Key Price Zones to Know for 4 Major Altcoins
Next Article One Last Time… Flash Analyst Commentary for Bitcoin and Altcoins!
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Crypto Live Widget

Follow for Live Updates
Subscribe to our newslettern

Get Newest Articles Instantly!

- Advertisement -
Ad imageAd image
Popular News
Cryptocurrency Regulation in Russia : Blockchain Development
Current Cryptocurrency Regulations in India
Explore Cryptocurrency Regulation in South Korea
2 Altcoins Win Trial
Claimed Bitcoin Inventor Craig Wright Gets Shocked in Court! His Assets Are Frozen

Company

  • Vision
  • Mission
  • LitePaper
  • Whitepaper
  • Core Values
  • Branding
  • Teams
  • Career Listing
  • FAQ
  • Welfare Donations

Products

  • EDA Token
  • Blockchain Literature
  • EdaFace Dex
  • EdaFace Mall
  • Listing Platforms
  • Newsfeed
  • NFT Marketplace
  • P2P Market
  • Scam Verification Centre
  • School of Crypto

Legal

  • Term of Use
  • Privacy Policy
  • Disclaimer
  • Listing T&C
  • Listing Platforms
  • Eda Token Policy

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

EdaFace

About US

EdaFace is a user interface aggregator that brings all the various functionalities of the crypto industry onto a single platform! You can advertise, launch and crowdfund your crypto project via EdaFace Launchpad and Newsfeed.

Contact us: support@edaface.com

Follow us

Instagram Twitter Facebook Telegram Youtube Linkedin

Copyright © 2022 – 2024. EdaFace is a product of Emerging Digital Age (EDA) Pty Ltd. All Rights Reserved.

Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.
EdaFace
Welcome Back!

Sign in to your account

Lost your password?