Injective (INJ) has staged a strong recovery, rallying 26% intraday to $12.02 after bouncing from the $9 support zone. Analysts attribute the rebound to easing geopolitical tensions and technical breakouts, with some predicting a 100%-150% surge if INJ holds the $11.5-$11.6 support. The token is now testing key resistance levels, with a breakout above $12 potentially triggering a bull reversal toward $15. Market watchers highlight Injective’s responsiveness to Bitcoin’s movements and bullish patterns like the Power of Three setup, suggesting further gains ahead. The upcoming Injective Summit 2025 could also fuel additional momentum.
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0 posts last weekTrump’s Economic Policies Face Challenges from Bond Market Vigilantes
The federal budget faces challenges from high interest payments, defense spending, and popular social programs, complicating efforts to reduce the deficit. Tariffs could generate revenue but may harm growth, while Trump’s proposed tax cuts and SALT cap adjustments risk further deficit increases, potentially provoking bond market backlash. As interest rates rise, the bond vigilantes may constrain fiscal policies, echoing past economic tensions.
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