Day trading

  Not terribly much has happened in terms of price action or news over the past week or so. The majors such as Bitcoin have mostly been moving sideways. The markets are in the grip of late summer slowness. The eventfulness of some recent weeks has subsided. But if you think that traders are using this calm period to catch some breath, you would be wrong. The overall state of most crypto traders is disillusion bordering on depression. This is partially driven by disappointment. Many had hoped that the bull market would lift all boats. Yet, only BTC and Solana rallied significantly. Other coins, Ethereum in particular, have had disappointing years. The main narratives of this cycle have been memecoins and airdrop hunts. Both did not provide anywhere near the same excitement or returns compared to previous parabolic altcoin rallies. What is more, a lot of the things that the community has been excited about, such as restaking, Layer 2s, and some innovative new Layer 1s such as Monad or

  The Bank of Japan raising their interest rate caused a major drop in USDJPY as well as unintentional impacts to currencies and the stock market. Experts are hopeful the US Federal Reserve will cut interest rates in September despite fears of a possible US recession thanks to a weak US non-farms report. The US election is a key focus for global currencies. Candidate Trump is vocal about wanting to make the US dollar more competitive. What impact will that have on currencies? (OFX) https://www.candace2finance.com/money.html