SOL, ADA Lead Losses as Market Starts Week in the Red

Date:

Share post:



SOL, ADA Lead Losses as Market Starts Week in the Red

Bitcoin has gained nearly 10% in the last week to climb above $43,000 ahead of the Fed’s rate decision tomorrow. The U.S. central bank is expected to keep rates unchanged, which could boost appetite for BTC and its related exchange-traded funds, venture capital firm Tagus Capital said in its daily newsletter. Altcoins SOL and AVAX have led the recent crypto rally, gaining 27% and 25% in the last week. “Altcoins’ consistent positive performance over the past six days is setting up optimism, setting up bitcoin for a test of $46,000,” Alex Kuptsikevich, a senior market analyst at FxPro, said in an email. “The outperformance in major altcoins points to a broadening of participant interest beyond the two largest coins.”



Source link

Leave a reply

Please enter your comment!
Please enter your name here

Related articles

Bitcoin above $63,500, but further US-Iran strike threats remain

The US and Iran reached an interim deal to halt the war and reopen the Strait of...

Standard Chartered Sees Signs of Bitcoin Bottom

Standard Chartered analyst Geoff Kendrick on Friday told clients that he believes crypto asset prices have seen...

Airport Luggage Tag Scam: Protect Checked Bags in 2026

Imagine walking up to customs after a long international flight and being told that a suitcase connected...