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However, for most top-tier crypto projects, it was a solid day to kick off the first "official" trading day of the year (though the crypto market was open yesterday as it's a 24/7 market).
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 ...
The economy has been anything but predictable over the last few years, and while the Fed's intense rate hikes have significantly slowed the pace of inflation, it's still above the preferred 2% target.
Wednesday was another trading session full of losses for all types of cryptocurrencies. Several macroeconomic news items from the previous day continued to push down sentiment, as did rising bond ...
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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 ...
Now the third-largest cryptocurrency by market cap, Cardano (CCC:ADA-USD) is alive with buzz in the crypto community. Indeed, Cardano is one of those alt coins that gets less attention these days ...
In recent times, Cardano This implies that its diversification benefits have eroded. ADA’s been a popular concept among decentralized finance (DeFi) investors due to its functionality as an ...