What is the July 2023 crypto trend forecasting for Bitcoin, Ethereum and BNB? Gracy Chen, managing director of Bitget’s crypto-exchange, has expressed her views.
Bitcoin, Ethereum and BNB: forecasting for July 2023 from Bitget’s Gracy Chen
Gracy Chen, managing director of Bitget‘s crypto-exchange, shared her forecasting for July 2023 regarding the trend of Bitcoin, Ethereum, and BNB.
To begin with, Chen’s reasoning is based on recent news about the three crypto assets. Regarding Bitcoin (BTC), it appears that the Federal Reserve’s news of having to raise interest rates twice in the second half of the year will come down to July, given that in June those rates remained unchanged.
Obviously, these interest rates are affected by movements in inflation, which, with the drop in June, allowed the Fed to stop raising rates.
Not only that, Chen is also considering the latest bullish price of BTC due to the applications submitted by BlackRock, WisdomTree and Invesco to the
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