Shiba Inu

<ul><li>Benjamin Cowen&#39;s insights spark concerns for SHIB and ADA investors as the crypto market faces disruption.</li><li>The emergence of a golden cross on the U.S. Dollar Index hints at a powerful dollar resurgence with implications for cryptocurrencies.</li><li>Cowen predicts Bitcoin&#39;s dominance will rise, potentially leaving altcoins vulnerable amidst shifting crypto dynamics.</li></ul>In the ever-volatile world of cryptocurrencies, the latest revelation from esteemed crypto analyst Benjamin Cowen has sent shockwaves throughout the industry. Cowen&#39;s keen insights have unearthed a potential disruptor with far-reaching implications for the entire cryptocurrency market, putting <a href="https://cryptotale.org/shiba-inu-sees-bullish-signal-as-robinhood-increases-holdings/" rel="noopener noreferrer nofollow">Shiba Inu</a> (SHIB) and Cardano (ADA) investors on high alert.Cowen&#39;s latest tweet has unveiled a noteworthy development in the U.S. Dollar Index (DXY) chart – the emergence of a golden cross pattern. The golden cross, marked by a short-term moving average surpassing a long-term moving average, is a well-recognized harbinger of substantial upward trends. The U.S. dollar might be on the brink of a formidable resurgence, poised to disrupt the financial terrain, including the cryptocurrency sphere.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/7a1d9bbb5e3648abb4e67703a46488c5.png" />As the U.S. dollar gains momentum, crypto analyst Cowen foresees the possibility of capital migration away from alternative markets, potentially posing a challenge to the <a href="https://cryptotale.org/cardano-ada-primed-for-significant-price-shift-on-weekly-chart/" rel="noopener noreferrer nofollow">cryptocurrency</a> sphere. However, an intriguing twist emerges in Cowen&#39;s narrative. He envisions a minor hiccup in the dollar index before the complete transformation occurs. This hiccup could, interestingly, result in transient gains for cryptocurrencies, offering a ray of hope to fervent digital asset enthusiasts.Read full article at <a href="https://cryptotale.org/capital-shift-looms-crypto-analyst-warning-spells-uncertainty-for-altcoins/" rel="noopener noreferrer nofollow">CryptoTale.</a>

Capital Shift Looms: Crypto Analyst Warning Spells Uncertainty for Altcoins

CryptoTale

2023년 9월 21일에 게재된 다른 기사

Nearly 95% of NFTs are now worthless, report says

AI-Powered Games: The Next Big Thing

Long-Dormant Ethereum Genesis Wallet Awakens to Transfer ETH to Coinbase

US House Committee Passes Bill To Block Federal Reserve From Issuing A CBDC

OP Stock Forecast: Is More Downside Pending In Oceanpal Stock?

Hong Kong's Crackdown on Misleading Crypto Marketing Sets Precedent for Industry Transparency

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!