The global crypto market faces cloudy weather with some sun in the next 24 hours â ī¸, as the failure to reach an agreement on the US debt ceiling weighs on the market sentiment. This translates into a slightly bearish market đģ with downside risk.
The weather is however stormy âī¸ â signaling an imminent rebound â for Litecoin today. Litecoin has been subject to profit-taking đ° after interest for this crypto asset soared following its release of its own LTC-20 standard earlier in May.
Over a one-week horizon, cloudy weather with some sun âī¸ is predicted for Bitcoin and Binance Coin. This forecast can be translated into a slightly bearish market đģ with downside risk. The outlook is brighter for Ethereum and Ripple where a slightly bullish market đŽ with upside potential is likely.
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