Solana, Dogecoin Lead Plunge in Majors as Traders Warn of ‘Severe Losses’ Ahead

Solana, Dogecoin Lead Plunge in Majors as Traders Warn of ‘Severe Losses’ Ahead


“Some of the most important companies in the world like Apple, Microsoft or Nike have already reported slowdowns in sales, and Tesla has indicated that layoffs will come soon. These are clearly negative headlines, which combined with higher food and fuel prices, make people be careful about their savings,” Ortiz-Olave said, explaining that a slowdown in consumer spending would lead to a loss of revenue for major companies.

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