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Crypto's Path Ahead After "Massive Deleveraging Day," Fed's Role in Price Action


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Expect more volatility in Bitcoin, says Matthew Sheffield. That said, he believes higher liquidity assets like Bitcoin and Ethereum will weather the storm far better than its alt-coin peers. He talks about how commentary from Fed Chair Jerome Powell Monday night on interest rates can offer a path higher for cryptocurrencies. Matthew later talks about the "massive deleveraging day" in crypto assets saw on October 10th and how it highlights "peaks and throughs" for Bitcoin.


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