King crypto currency The decline in the unit seems to be settled for now and BTC finds buyers at $ 94,800. This negativity, which has been red and has been going on for a few days in general, brought slowly but stable losses. Before the Fed meeting, the market’s interest rate reduction expectation was shifted until July. So what are the estimates for ETH, Avax and Pi Coin?
Ethereum (ETH)
Spherical economy He lives one of his most uncertain periods. In December, the FED was expected to only reduce interest rates this year. Since the tariffs were announced, this was up to 3. In the announcement of the day of liberation, we saw the expectation of interest rate reduction with 125BP and above with the fluctuation after the tariff rates exceeding the expectations. Now it is expected to be reduced on July 30, not in May, not June.
If it is expected for the July discount, 79 %is an unspecified ratio. This, of course, negatively affected the performance of crypto currencies. ETH intermediate rise from the BTC in the fall passes ETHBTC We saw that his parity fell steadily.
Tomorrow we don’t expect to hear very good things, Powell Sahin will want to emphasize his powerful hand with a close -up of tons of tons. The ETHBTC parity has lost the threshold of 0.0189 today, so it would not be surprising that the gradual decline to 0.0178btc is not surprising. This will also be exhausting for subcoins.
The environment where the 0.0194BTC level is recovered will also mean the earnings of a 2,000 dollar spot price. But without something big, such a risk appetite is not expected to increase in the market. The tension with China is not weakened and when the Trump exchanges collapsed, he began to make a statement, “Biden’s markets are not mine”.
Avax and Pi Coin Forecasts
Before long on Friday AVAX PRICE We said the price will fall to $ 19.75 level here. Since the current negative atmosphere is expected to continue at least for a while, the surprise general ascension environment is not exaggerated from today.
Pi Coin It will appear at an important event in the middle of this month. There is still no big announcement.
In a possible surprise announcement, we can see upper wicks for $ 0.651, but for now, the price seems to gradually move to $ 0.56 and $ 0.45.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.