The Musk-effect is gone, and Dogecoin losing big-time against Bitcoin and the US dollar.
In September 2022, Tesla
Cyberwhistle, a limited-edition collectible inspired by its Cybertruck vehicle, which users can purchase only via Dogecoin.Instead, it appears that traders have been more focused on macro catalysts lately, primarily the Federal Reserve's back-to-back interest rate hikes that have put downward pressure on cryptocurrencies, stocks, and similar risk-on assets in 2022 and beyond.The technical setups also suggest the same.
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
How it happened: Elon Musk Vs. TwitterElon Musk vs. Twitter Part 1 Not A Chill Normal Dude tells the story of Musk’s meteoric rise to become the world’s richest man and a cross-industry mogul. 👇
Read more »
Elon Musk made his bid, and now he might actually have to lie in itPlace your bets
Read more »
How It Happened: Elon Musk vs. TwitterTwitter and Musk are two powerful forces that rose to prominence and reshaped our world. Now the world’s richest man could own the global public square and reshape social media or something like that.
Read more »
Elon Musk adds Twitter whistleblower allegations to amended countersuitMusk's countersuit claims that Twitter breached its obligations under his $44 billion acquisition agreement by misrepresenting the total number of spam and fake accounts on its platform.
Read more »
Elon Musk Says It's a 'Total Coincidence' That Starship Stack Spells '420'Oh, and the booster is 69 meters tall.
Read more »
Price analysis 9/16: SPX, DXY, BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOTMacroeconomic worries are fueling the sell-off in the S&P 500, Dow and Nasdaq and this adding additional sell pressure to Bitcoin and the entire crypto market.
Read more »