Category: sustained
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Crypto Funds Hit All-Time High Inflows of $29 Billion—Can This Growth Be Sustained?
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This year saw a significant rise in inflows of cryptocurrency investment products, reaching an annual record of $29.2 billion, a recent study revealed. a report From Queen Shares. Net weekly flows last week alone amounted to $2.18 billion, driven by various market factors and greatly influenced by the political climate…
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FET At Risk Of Further Decline? RSI Signals Sustained Bearish Pressure
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The recent price action paints a bearish picture for FET, with the Relative Strength Index (RSI) indicating further declines are likely. With the RSI moving into bearish territory, momentum appears to be favoring sellers, raising fears of a deeper pullback. Amidst increasing bearish pressure, attention is turning to the critical…
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US dollar rally unlikely to be sustained going forward
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Investing.com – Demand for the U.S. dollar has picked up recently, with the dollar hovering near its highest level this year. However, the rally is unlikely to continue in the coming months, according to UBS. At 08:05 ET (12:05 GMT), the dollar index, which tracks the greenback against a basket…