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crypto marketsCoinGape
•Business
Business & Economics
65% Informative
FOMC meeting on May 7 will discuss possibility of a rate cut in the US market.
FedWatch tool suggests a 98.2% chance that the current rates will remain unchanged.
Bitcoin , Bitcoin , ETH , and top altcoins flash bearish signals, with key indicators like MACD, EMA , and Fibonacci pointing to deeper corrections.
Altcoins BNB , XRP , DOGE , SOL, and SUI approach crucial support zones amid broader sell-off fears.
The SUI price prediction warns of more than a 14% correction.
Supporting the chances of a 200-day EMA re-test, the MACD and signal lines have given a negative crossover.
How low could Bitcoin and Ethereum prices go if the correction continues? - Florida Dumps Bitcoin Reserve Bill; Is State-level Crypto Adoption Losing Momentum ? - Tether Mints $8 billion USDT in short time, Crypto Market Rally soon? - BlackRock Bitcoin ETF Inflows Shoot to 5,613 BTC, $ 100 K recovery soon?.
VR Score
47
Informative language
35
Neutral language
49
Article tone
formal
Language
English
Language complexity
34
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
3
Source diversity
3
Affiliate links
no affiliate links
