After the Fed raised interest rates to unprecedented levels last week, the stock and crypto markets experienced significant losses. This week, Bitcoin, Ethereum, XRP, Solana, and other major cryptocurrencies showed double-digit percent price losses. However, after bottoming out at $29k on May 9th, Bitcoin shows signs of life as the cryptocurrency is currently trading above the $32k level. Let’s take a closer look at the current state of the market and see what the future may hold. Why are Bitcoin, Ethereum, XRP, and Solana prices dropping? As stock prices fell this week since Bitcoin has been following traditional markets and
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