It is interesting to know that on Friday 7th we will have two very important events for cryptocurrencies on the same day and at the same time: Powell's speech and the crypto summit. According to CME statistics, we have a 95% chance that we will have three interest rate cuts this year. For the crypto summit we expect more good news. I am positive, we will see. While the data tells us: since last week oil costs 5 dollars less (cheaper energy), the dollar also dropped by 2 points (cheaper). $BTC dominance remains very high affecting the Alts reflected in its index at 22. Miners are back in business. ETFs are stable, no purchases. #Bitcoin searches on Google are down. Fear in the market is more intense than in a Stephen King movie.
