Crypto Weekend Round-Up: Kiyosaki Forecasts Crash, Crypto Bettors Back Harris, Trump's Potential Impact On Crypto And More
Portfolio Pulse from Benzinga Neuro
This past week saw significant events in the world of cryptocurrencies and finance, including Robert Kiyosaki's prediction of a historic market crash, a surge in Kamala Harris' odds as a 2024 presidential candidate, a downturn in the cryptocurrency market, potential impacts of a Trump election win on crypto, and a skyrocketing burn rate for Shiba Inu.
July 07, 2024 | 12:20 pm
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NEGATIVE IMPACT
Bitcoin experienced a significant downturn this week, hitting its lowest point in weeks due to the movement of billions of Bitcoins ahead of a probable sell-off.
The movement of billions of Bitcoins ahead of a probable sell-off has led to a significant downturn in Bitcoin's price, hitting its lowest point in weeks.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100
NEGATIVE IMPACT
Ethereum also saw a significant decline, hitting its lowest point in weeks, largely attributed to the overall downturn in the cryptocurrency market.
Ethereum's price decline is in line with the overall downturn in the cryptocurrency market, hitting its lowest point in weeks.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100
POSITIVE IMPACT
Shiba Inu's burn rate skyrocketed by 8,596.6% over 24 hours, with more than 17 million SHIB burned across three transactions, hinting at a significant upcoming development.
The dramatic increase in Shiba Inu's burn rate suggests a significant upcoming development, which could positively impact its price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100