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- 💥 Gate Square Event: #PostToWinPORTALS# 💥
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🔥 Day 10 Hot Topic: Fed Cuts Rates By 25 Bps
The Fed lowered its benchmark rate by 25 basis points to 4.00%–4.25%, in line with market expectations. This marks the restart of the rate-cut cycle since the pause last December. Lower rates often boost liquidity and risk appetite, which could be - 🚀 Gate Square Newbie Village · Episode 1 ✖️ @Ryakpanda Community
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Recently, the crypto assets market has stirred again, with DOGE becoming the focus. Some investors have filed a lawsuit against a well-known entrepreneur, accusing him of manipulating the market. This action has sparked widespread discussion within and outside the crypto world, highlighting the urgent demand for regulation in the market.
Despite facing controversy, supporters of DOGE seem undeterred. Many investors state that even after experiencing significant losses, they still maintain confidence in DOGE. This persistent attitude reflects the unique ecosystem of the crypto world.
However, there are also voices expressing caution and skepticism. Some analysts believe that the price trend of DOGE remains unstable and advise investors to stay alert. Currently, the price of DOGE fluctuates around 0.2775, with resistance above in the range of 0.2877-0.29 and support below in the range of 0.257-0.265.
This price volatility and market controversy has once again prompted people to reflect on the risks of investing in Crypto Assets. Experts advise that investors should comprehensively consider market factors when making decisions, including but not limited to technical analysis, market sentiment, and potential regulatory changes.
Regardless, the fate of DOGE remains an intriguing topic in the crypto assets market. As the market continues to evolve, we will keep an eye on the dynamics in this field, providing investors with timely and accurate market insights.