The Meme coin sector is generally rising: SHIB has increased by 92.75% in the last 24 hours, DOGE has increased by 31.36% in the last 24 hours
Bitget market data, the Meme coin sector continues to rise broadly, among which:
DOGE has increased by 31.36% in 24H, currently quoted at 0.2 USDT;
SHIB has increased by 92.75% in 24H, currently quoted at 0.000042 USDT;
PEPE has increased by 29.03% in 24H, currently quoted at 0.0000079 USDT;
ORDI has increased by 6.18% in 24H, currently quoted at 88.08 USDT;
BABYDOGE has increased by 24.12% in the last day and is now priced at .0000000026 USDT.
PEOPLE have risen by a rate of about twenty-nine point sixty-five percent over the past twenty-four hours and are now valued around zero point zero five nine units of Tether (USDT).
FLOKI's price rose approximately eight point six six percent within the last day to reach a current value of roughly zero point zero zero zero one five four six five Tether (USDT).
BONK surged forty-seven point thirteen percent during the previous day and is presently worth around .000041406 units of Tether (USDT).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Deutsche Bank: After the three major central banks hiked rates simultaneously, the market may once again underestimate the terminal interest rate
Deutsche Bank points out that as central banks in the US, Europe, and Japan are tightening policy simultaneously, the market may still be underpricing the eventual terminal rates. With oil prices remaining high, inflation may spill over into core inflation and wages. Moreover, financial conditions have not tightened in tandem, which could weaken the effect of rate hikes. Citing the experience of 2022, Deutsche Bank notes that the market then expected a total of around 200 basis points of Fed rate hikes in the first year, but the final figure exceeded 400 basis points, illustrating that the market often underestimates the terminal rate.
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