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Cryptocurrency Market: Challenges and Forecasts in Light of New Data

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by Giorgi Kostiuk

4 hours ago


Recent developments have impacted technology and economic forecasts. The release of Apple’s iPhone 17 has caused negative fluctuations in the cryptocurrency market.

Inflation and Its Economic Impact

Goldman Sachs forecasts a 0.3% rise in the Consumer Price Index for September, linked to global tariffs. Trends in reports show rising prices for used cars and airline fares.

Revisions to Cryptocurrency Forecasts

Fitch Ratings indicates a more optimistic forecast for cryptocurrencies, reducing the likelihood of a global recession. However, a possible pause in central bank rates creates a cautious outlook.

Future Prospects and Key Metrics

Key metrics indicate that energy prices are fostering improved conditions for investments. Sustainable changes are expected to have a positive impact on altcoins, while Bitcoin experiences temporary setbacks.

Short-term prospects for cryptocurrencies remain optimistic, considering the interaction between falling inflation and employment dynamics.

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Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.