Cryptocurrency Market News Live Updates Latest News: the Federal Open Market Committee will release its September meeting minutes for U.S. inflation data on Thursday. However, in fear of a higher interest hike in November, the majority of major cryptocurrencies are losing more ground.
The Bitcoin price currently trades at $19303, with an intraday loss of 0.68%, whereas the smart contract giant Ethereum trades at $1309 and shows a 1.06% drop.
Uncertainty Increases Choppiness In Layer 1 Blockchain Tokens
Solana (SOL)
The SOL/USDT pair has been wobbling in a narrow range from $35 to $30 for nearly a month. Furthermore, the price has been multiple times retested both barriers indicate the market participants’ lack of commitment to choose a particular side. The Solana price exchange hands at $32.57, with intraday loss of 1%.
Interested traders should avoid entering this no-trading zone. A breakout from either level will shoot a directional rally on the respective side.
Cardano(ADA)
The...
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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...