Analyst: The prospect of the Federal Reserve reducing interest rate cuts is having an impact on cryptocurrencies
2024-04-02 02:23:57
As the path of easing monetary policy in the United States becomes more challenging, speculative enthusiasm in the cryptocurrency market is weakening. Tokens such as Pepe, dogwifhat, and Bonk, which were previously favored by traders, have experienced a significant decline in the past 24 hours, leading to the largest drop in a measure of small digital assets in over two weeks on Monday.
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