Bitcoin, Ethereum, Dogecoin Fall As Debt-Deal Rally Fizzles Out: Analyst Who Called 2021 Bottom Sees Possible 'Moon Time' For Apex Crypto
Portfolio Pulse from Mehab Qureshi
Major cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, experienced slight declines after the post-debt ceiling deal rally ended. The global crypto market capitalization decreased by 1.09% to $1.16 trillion. Analyst Michaël van de Poppe believes the lifting of the debt ceiling is bullish for Bitcoin.
May 30, 2023 | 2:23 am
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NEGATIVE IMPACT
Dogecoin's price fell by 0.84% after the post-debt ceiling deal rally ended.
The article states that Dogecoin's price fell by 0.84% after the post-debt ceiling deal rally ended, indicating a negative short-term impact on Dogecoin's price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Ethereum's price decreased by 0.85% after the post-debt ceiling deal rally ended.
The article reports that Ethereum's price decreased by 0.85% after the post-debt ceiling deal rally ended. This indicates a negative short-term impact on Ethereum's price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Bitcoin's price dipped 1.36% after the post-debt ceiling deal rally ended. Analyst Michaël van de Poppe sees a bullish future for Bitcoin.
The article states that Bitcoin's price dipped after the post-debt ceiling deal rally ended. However, analyst Michaël van de Poppe believes that the lifting of the debt ceiling is bullish for Bitcoin, indicating a potential positive impact on its price in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100