New Delhi: Crypto tokens were trading mostly higher on Friday ahead of the much-awaited address by Federal Reserve chair Jerome Powell at Jackson Hole in Wyoming.
Investors continued their vigil for the US central bank chair's comments that might hint at the Fed's next interest rate hike.
Barring Solana and Polkadot, major crypto tokens were trading higher on Friday. Shiba Inu rose 4 per cent, whereas Cardano, BNB and Dogecoin added a per cent each during the early hours.
The global cryptocurrency market cap was trading marginally higher at the $1.04 trillion mark, rising less than a per cent in the last 24 hours. However, the total trading volume dropped more than 2 per cent close to $63.98 billion.
Did you Know?
Meta's digital wallet service Novi will no longer be available for use after September 1. The Facebook parent, which is shutting down its Novi pilot project less than a year after starting it, ‘strongly advised’ users to withdraw their money from Novi.
Expert take
Edul...
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.
INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...