Why Shiba Inu (SHIB) Is Falling
Portfolio Pulse from Henry Khederian
Shiba Inu (CRYPTO: SHIB) is trading lower by 4.25% during Thursday's session, pulling back after recent strength in the price of Bitcoin following BlackRock's Bitcoin ETF application. The cryptocurrency market is experiencing an upswing driven by favorable developments, including the introduction of EDX Markets, supported by Charles Schwab, Fidelity, and Citadel Securities.
June 22, 2023 | 4:01 pm
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POSITIVE IMPACT
Citadel Securities is one of the prominent financial entities supporting EDX Markets, contributing to the positive momentum within the cryptocurrency market.
Citadel Securities' support for EDX Markets indicates their interest in the growing cryptocurrency market. This involvement could potentially attract more investors and clients to their platform, positively impacting their stock price in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Fidelity is one of the prominent financial entities supporting EDX Markets, contributing to the positive momentum within the cryptocurrency market.
Fidelity's support for EDX Markets indicates their interest in the growing cryptocurrency market. This involvement could potentially attract more investors and clients to their platform, positively impacting their stock price in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Charles Schwab is one of the prominent financial entities supporting EDX Markets, contributing to the positive momentum within the cryptocurrency market.
Charles Schwab's support for EDX Markets indicates their interest in the growing cryptocurrency market. This involvement could potentially attract more investors and clients to their platform, positively impacting their stock price in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50