10x Research: Risk assets are on the verge of a major price correction
10x Research stated on social media that risk assets such as stocks and cryptocurrencies are on the verge of significant price adjustments. The main reason is unexpected and sustained inflation. The bond market currently expects interest rate cuts to be less than three times, and the 10-year Treasury yield will exceed 4.50%. The market may have reached a critical threshold for risk assets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin could hit $100K ‘within weeks:’ Galaxy
Bitcoin hitting $100,000 is expected by the end of the year, but might happen before the holidays
There’s a $450 billion behemoth forging BTC’s path to $100k
The Crypto-Industrial Complex is always churning, gobbling up coins much faster than they can be mined and sold
Dynamic Music Data NFTs are redefining artist-fan relationships: Here’s how