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Prices hold steady as the market heads towards the weekend. However, a category of investors anticipates rather mixed trends ahead, particularly as the US election month draws near. The news of CZ’s imminent release in September also casts a fresh perspective on what investors can expect in the coming months.  Notwithstanding the market’s long-term prospects, today’s post explores the 7  best cryptos to buy under 1 dollar . It offers a concise Analysis of their current price trends and insight into how they might influence their future price action.  Best Cryptos to Buy Under 1 Dollar  As crypto investors seek to hedge their portfolios against the coming uncertainties, upcoming crypto, and low-cap projects rank high on their watchlists. Today’s post includes an overview of some of the most watched upcoming cryptocurrencies, including the PlayDoge presale.  1. Simon’s Cat (CAT)  The crypto market is likely back in meme coi...

Despite going through one of the worst inflations of all time, the US Dollar (USD) has outperformed 115 global fiat currencies in the last 10 years in the forex market but got massively outperformed by Bitcoin (BTC). Notably, 33 out of the 115 currencies have lost over half (50%) of their value against “King Dollar”, in the words of Charlie Bilello, the Chief Market Strategist at Creative Planning who shared this data on September 28, collated from xe.com one day before. King Dollar pic.twitter.com/rJjG9NCMTg — Charlie Bilello (@charliebilello) September 28, 2023 Among the five worst performers, which lost over 92% of their purchasing power related to the USD, two of them belong to the G20 countries. The Argentine Peso (ARS) lost 98.3% against the dollar , while the Turkish Lira (TRY) lost 92.6%. The Venezuelan Bolívar (VEF) lost 99.9998%. While both the Sudanese Pound (SDG) and the Syrian Pound (SYP) were also just 100bps of losing it all, with -99.3% and -99.1% 10-yea...

The U.S. dollar index has been making upward strides over the last couple of months. A recent post by TradingView revealed that the DXY has been hovering in the 104-105 bracket of late, up from mid-July’s low of 99.5. In fact, the current level is quite close to the index’s six-month high figure of 105.43 created towards the end of last week. A rising dollar index is usually considered to be a good sign for Americans because it offers them greater purchasing power. The Dollar has been on a run. 👀 pic.twitter.com/YtNtsvDeUJ — TradingView (@tradingview) September 18, 2023 Also Read: Solana Co-founder: U.S. Govt. Should Invest in Blockchain The U.S. dollar index typically measures the currency against six major counterparts, including the euro, Swiss franc, Japanese yen, Canadian dollar , British pound, and Swedish krona. DXY ’s strength will yet again be put to the test this week. The U.S. Fed ’s interest rate decision is due soon. In...

Cardano price is down today, continuing its decline for a fourth week in a row amid rate hike fears, SEC crackdown and a recovering U.S. dollar. The price of Cardano (ADA) is down over 3% on June 19 after dropping over 30% in the past two weeks. Is ADA price headed for its fourth red weekly candle in a row?  No respite for Cardano price bulls On June 19, ADA price fell over 3% to daily lows of $0.257 as traders continued to assess Cardano's mention in the list of crypto assets that the U.S. Securities and Exchange Commission (SEC) considers "unregistered securities." ADAUSD daily price chart. Source: TradingView In addition, Federal Reserve's hawkish guidance last week didn't help ADA price either, with another 50 basis points hike now likely in 2023. Higher rates typically decrease investors' appetite for risk assets, such as Cardano. Meanwhile, open interest in the ADA-linked derivatives has dropped to around $111 million, the lowest since January 2021....

Bitcoin threatens to remove $22,000 as support as BTC price suffers against a booming DXY. Bitcoin (BTC) fell to three-week lows on March 8 as stronger-than-expected employment data from the United States dampened risk assets. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView Employment stats boost Fed hawks, BTC price dips Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping to $21,858 on Bitstamp. The pair was attempting to preserve $22,000 as support at the time of writing, with traders’ downside targets still a way off at $21,300. “ Bitcoin not showing the strength I initially wanted to see (slight bounce yesterday taking place),” Cointelegraph contributor Michaël van de Poppe, founder and CEO of trading firm Eight, summarized. “In that case, looking for some more downwards momentum towards a sweep of the lows at $21.2K before a bounce takes place. If we want $30K, flip $23K is necessary.” BTC/USD annotated chart. Source: Michaël van de Poppe/Twitte...