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7 Cryptos to Watch as the Blockchain Hits $1 Trillion Again
After several weeks of trading below the all-important $1 trillion level, the market cap of all crypto finally breached the upside barrier, albeit barely. Still, it’s a mini-milestone event, with blockchain advocates eager for a reversal in the Federal Reserve’s monetary policy. Throughout last year, the central bank dramatically tightened the money supply, spooking particularly risk-on asset classes. But with inflation easing, proponents hope for a strategic pivot. It’s not out of the question that such a pivot might materialize, which would bode well for cryptos. “Fed tightening seems to be lighter and ... (full story)
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- Posted: Jan 24, 2023 9:32pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 77
