What caused a big jump in crypto today?

What caused the big jump in crypto prices today?. Watch video: https://youtu.be/wzPiCyj_qqY

Topics:

1. What caused the big jump in crypto prices today?
2. Review our trade from last week: KAVA, up 10% since then
3. Review two other coins: Tezos (XTZ) and Binance (BNB)

What caused the big jump in crypto prices today?

- The latest inflation data was released for the month of July and it showed a decline in inflation rate

- This suggests that FED, US Central Bank, will not have to hike interest rates as aggressively as expected.

- This is positive for all risk assets including tech stocks and cryptocurrencies

- We’ve been seeing very positive indications of trend reversal really for the past 1–2 months now and this is likely to continue, with some ups and downs of course

Important heads up — we’ll be issuing another Coin Pick tomorrow — we do these about every couple of weeks and the recent picks have performed extremely well, with LIDO up 108% since our report, ETH up 49% and Uniswap up 20%. These reports are available to our supporters — subscribers and HODLers, so don’t miss out.

For more info visit altFINS.com