Crypto Live News

Author: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.


Bitcoin has surged to $29,700 following US Federal Reserve Chair Jerome Powell’s suggestion that interest hikes will slow or pause soon. As a result, investor sentiment has improved, leading to a bullish trend in the cryptocurrency market. XRP has seen a rise of 6% to surpass $0.50, following regulators’ decision to drop criminal charges against Ripple executives in a lawsuit. Technical signals suggest that if Bitcoin can surpass $30,000 convincingly, it could target $35,000 next. With this newfound positivity, altcoins like Solana have also seen significant gains of around 10%. Overall, investors are regarding the recent Federal Reserve pivot as a pivotal moment in reigniting the cryptocurrency market.

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