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Crypto ETPs Break 15-Week Winning Streak After Hawkish Fed Remarks
Last week, profit-taking ended a 15-week consecutive winning streak for global cryptocurrency ETPs, following hawkish comments after the US Federal Reserve's interest rate decision. This shift highlights the sensitivity of crypto investment products to macroeconomic signals and monetary policy cues.
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AI Analysis
The recent decline in global cryptocurrency exchange-traded products (ETPs) marks the end of a remarkable 15-week winning streak. This downturn was triggered by hawkish statements from the US Federal ...
AI Recommendation
Given the recent profit-taking and the end of the 15-week rally, I suggest maintaining a cautious stance on crypto ETP investments. It may be prudent to wait for clearer signals from the Fed or stabil...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
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partial buy