Long

[$XMRUSD] The only true crypto currency.

Jan 13 2025
Major derisking happening due to
* fed rate cut for federal funds rate (bank overnight lending)
* affected the short term gov bonds (2 year) going down
* however: the 10 year gov bond had no bid so its yield spiked
* => major indicator for FIAT-debt ( or 'credit') D e v a l u a t i o n

TL;DR: " I don't buy year debt bonds at 3%! I want at least 4% for this trash"
-> as it happened in the US
---> as it will happen in the EU
-----> as it will happen in the emerging markets (that are already rekt: brazil, turkey...)

back to crypto:
🟠🟠🟠 🟠🟠🟠

Performing very strong against this de-risking event, where even Equities got a (hopefully only) small cut. Furthermore, it showing good signs against:

* Dollar strengths
* an ongoing De-Correlation against Equities, where as Bitcoin's correlation to the is increasing

Let me know what you think about it.

Is Monero really 'the only' currency with actual value?
Despite its problems and uncertainty?

OiconomiX_io

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

OiconomiX_io