Oil Approaches $98, Crypto Markets Face Macro Test
Crypto markets are bracing for another major macro test as oil approaches $98 and traders increase bets on a Federal Reserve rate hike. According to market pricing, the probability of a September 25-basis-point increase now stands at 58%.
This has intensified concerns that higher energy costs could keep inflation elevated.
AlphaPepe (ALPE) is one of five cryptocurrencies highlighted by AlphaPepe as potential price movers. Currently trading at $0.02902, ALPE is still in presale and has a planned listing price of $0.08.
This represents approximately 176% upside from the current price.