EOS Is Building Upside Momentum
EOS is down 1.0% to $0.6539 this week, lagging behind the broader cryptocurrency market, where Bitcoin (BTC) is rising by 3.2% to $87,348. The decline appears largely technical, with no major fundamental developments currently weighing on the project.
Despite EOS’s subdued performance, the broader market may soon receive a boost from macroeconomic catalysts. U.S. President Donald Trump is reportedly pressuring the Federal Reserve to cut interest rates, a move that could ease monetary conditions significantly. Whether through rate cuts or a potential shift toward quantitative easing, any dovish pivot by the Fed would likely inject fresh momentum into risk assets—including cryptocurrencies.
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