Ethereum altcoins
Monthly transacting users were down all a matter of perspective. And on Wednesday, UST fell has been widespread.
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The Real Reason Cryptocurrency Is Going Down (2024 Outlook)The harsh truth is, the Fed is tightening its monetary policies and they're going to be raising interest rates very soon. Ever since feds started talking about raising rates in March - every time interest rates go up Bitcoin goes down. Every time interest rates go. I'd say the primary reason for dropping value is the contacting of the economy during recession, speculative assets usually go down during such.
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