Volatility reared its ugly head for a second day after growing fear of the new Omicron COVID-19 variant and the Federal Reserve’s admission that an earlier-than-expected adjustment to its bond-buying program continues to impact global stock markets. The impact of these concerns appears to have impacted price and this morning, the digital asset retreated from its intraday high at $59,175, falling to as low as $55,875.
It’s not all bad news for crypto holders, however, as several altcoins have racked up notable gains over the past 24 hours.
Top 7 coins with the highest 24-hour price change. Source: Cointelegraph Markets ProVORTECS™ Score (green) vs. SHIB price. Source: Cointelegraph Markets ProVORTECS™ Score (green) vs. RARI price. Source: Cointelegraph Markets ProAMPL/USDT 4-hour chart. Source: TradingView
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Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
SHIB, RGT and AMPL shake off Fed taper comments by notching
Volatility reared its ugly head for a second day after growing fear of the new Omicron COVID-19 variant and the Federal Reserve’s admission that an earlier-than-expected adjustment to its bond-buying program continues to impact global stock markets. The impact of these concerns appears to have impacted price and this morning, the digital asset retreated from its intraday high at $59,175, falling to as low as $55,875.
It’s not all bad news for crypto holders, however, as several altcoins have racked up notable gains over the past 24 hours.
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Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Read More: SHIB, RGT and AMPL shake off Fed taper comments by notching