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Ethereum, Solana Falling: Is This The Last Squeeze Before The Bull Run?

source-logo  coingape.com 18 June 2024 15:30, UTC

The cryptocurrency market turned bloody last week amid investors’ distaste of the hawkish stance of the Federal Reserve on the outlook of inflation and the interest rate cuts. Although Bitcoin dumped from near $70,000 to $65,000 altcoins suffered the strongest squeeze mirrored by major altcoins Ethereum and Solana.