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There's been some weak guidance from tech stocks, and that's caused a bit of a "risk off" trade. Second, economic data hasn't been particularly bullish. In January, 143,000 jobs were added, below ...
Image source: Getty Images. Why a good economy is bad for crypto. At the end of the day, cryptocurrencies are still a speculative asset. As a result, their values go up when interest rates go down ...
It was only about six to eight months ago that investors thought the Fed might make as many as six interest rate cuts in 2025. Those expectations have been tempered by stronger economic data.
According to data provided by S&P Global Market Intelligence, Solana (CRYPTO: SOL) is up 21.2% over the past seven days as of noon ET on Friday, XRP (CRYPTO: XRP) is up 67.2%, Cardano (CRYPTO: ADA ...
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In the case of Cardano, transaction volumes actually surged during this rally as users continue to pile into Cardano's network following its Plomin hard fork, which went live this past week.
Several macroeconomic news items from the previous day continued to push down sentiment, as did rising bond yields. As usual, these coins and tokens were taking a cue from perennial crypto leader ...
Recently, the well-known crypto investment firm Grayscale filed an application to list a Cardano ETF on the New York Stock Exchange, surprising some who didn't consider such an ETF a possibility.