Top Crypto Gainers Today Jun 13 – Toncoin, Lido DAO, Bittensor, Ontology Gas
For more than two years, the prospect of higher interest rates has impacted the crypto market . However, in mid-2023, the Federal Reserve’s direction shifted. In eight of its last nine meetings, including one on June 12, the Fed held rates steady after raising them 11 times. Analysts now expect rates to move lower as inflation, which hit 3.3% in May, comes under control. Higher rates and recession fears are losing their grip on the crypto market. Cryptocurrency prices, which struggled during the rate hikes, have rebounded significantly. The anticipation of lower rates has boosted assets like Bitcoin and Ethereum, with Bitcoin hitting an all-time high in March. This renewed optimism suggests investors are increasingly confident in a soft economic landing. Biggest Crypto Gainers Today – Top List Several projects are making significant strides in today’s crypto market, capturing investor attention with innovative solutions and impressive market movements. We will spotl...