BitRss.com latest World Crypto News

Search and discover the latest Cryptocurrency updated Stories in Categories

24-7 World Cryptocurrency News about Blockchain, Technology and much more, only from Top Leading Sources

Solana leads the rise in layer 1 tokens — Bitcoin surpasses $38,000 | CoinDesk JAPAN

Solana leads the rise in layer 1 tokens — Bitcoin surpasses $38,000 | CoinDesk JAPAN





Bitcoin (BTC) hit $38,000 early Asian time on November 29 as hopes around spot exchange-traded fund (ETF) approval were revived earlier this week and traditional market watchers expected interest rate cuts. broke through.
Solana (SOL) led the way among Layer 1 blockchains, rising about 8% in the past 24 hours, reversing losses from last week. Avalanche (AVAX) rose 6.6%, while Cardano (ADA) and Tron (TRX) rose more than 5%.
The CoinDesk Market Index (CMI), an index that broadly tracks the crypto asset (virtual currency) market, rose more than 2.5%.
Bitcoin has surpassed the $38,000 mark. (CoinDesk)
US Federal Reserve Director Chris Waller said current policy is “in the right place” as recent data suggests an economic slowdown and inflation continues to moderate. Bitcoin began to rise late on the 28th.
Waller also said that if inflation continues to fall, there is a strong case for cutting interest rates in the coming months.
Interest rate decisions tend to move markets. When interest rates rise, risky assets such as stocks and crypto assets typically suffer as investors may turn to bonds for profits.
|Translation: CoinDesk JAPAN |Edited by: Toshihiko Inoue |Image: CoinDesk |Original text: Solana Leads Layer-1 Token Gains as Bitcoin Crosses $38K


window.fbAsyncInit = function() {
FB.init({
appId : '592401157873165',
cookie : true,
xfbml : true,
version : 'v3.2'
});
FB.AppEvents.logPageView();
};
(function(d, s, id){
var js, fjs = d.getElementsByTagName(s)[0];
if (d.getElementById(id)) {return;}
js = d.createElement(s); js.id = id;
js.src = "https://connect.facebook.net/en_US/sdk.js";
fjs.parentNode.insertBefore(js, fjs);
}(document, 'script', 'facebook-jssdk'));

The post Solana leads the rise in layer 1 tokens — Bitcoin surpasses $38,000 | CoinDesk JAPAN appeared first on Our Bitcoin News .

BitRss.com shares this Contents always with License.

Thank you for Share!

   
Tumblr
LinkedIn
Reddit
VK

WhatsApp
Telegram

Cool to know huh? Read the full Article

Read the full Article:  ⭲ Solana leads the rise in layer 1 tokens — Bitcoin surpasses $38,000 | CoinDesk JAPAN


Search about Crypto News


BITRSS | CRYPTOCURRENCY WORLD NEWS

The latest Top News, only from Leading exponents of BlockChain, Bitcoin and different Accredited Crypto Currency Sources.

Since 2015, our Mission was to Share, up-to-date, those News and Information we believe to represent in an Ethical and sincere manner the current Crypto Currencies World: everything you are looking for, in one place!

We have always tried to give priority to the News; for this reason we have designed BitRss.com simple and intuitive, usable by all Devices, fast and effective.


| LEARN MORE ABOUT |

Today Most Popular News



Dokky Bookcase Script