Markets drop on interest rate unease, Jason Pizzino notes

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Parshwa Turakhiya

1 hour ago

Markets drop on interest rate unease, Jason Pizzino notes — Markets drop on rate hike worries

Jason Pizzino, crypto trader & analyst at YouTube / Trading, reports that markets fell following the decision to hold interest rates steady amid ongoing fears of future hikes.

He also references the 18-year cycle in his update, mentioning that assets such as SP500, Nasdaq, SPCX, Bitcoin, gold, and silver all experienced declines.

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Pizzino recently noted that Bitcoin bulls are shifting their positions as the market approaches a cycle low, suggesting further capitulation could occur in the near term, according to a previous update here. Earlier, he observed Bitcoin falling to $64,000 and questioned the lack of bullish support in the market here. Both updates reflect his ongoing monitoring of sentiment shifts in digital assets.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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