XRP, ADA explode double -digit, Bitcoin stable at $ 28,000: market observation

XRP, ADA explode double -digit, Bitcoin stable at $ 28,000: market observation
Before today's FOMC session, Bitcoin has increased by a few hundred dollars and is pumped at just over $ 28,000.
Several old coins have recorded significant profits, with XRP, ADA, ALGO and XLM.
BTC back at $ 28,000
With everything that has happened to the US banking system, namely the collapse of some of the largest organizations in the past few weeks, the upcoming US FOMC session is probably the most important thing in a long time.
The US Federal Reserve was accused of some that it caused the disturbance in the national banking system according to its continuous interest rate increases. Therefore, the previous assumptions that a further increase will be increased on March 22nd have been questioned by many, including Elon Musk.
The banking crisis and the expectations of the Fed drove risky assets such as Bitcoin to new local highs. The cryptocurrency recently rose from $ 20,000 to over $ 28,000 and thus reached the highest price in nine months, which also pressed the Fear and Greed Index.
The last 24 hours were rather quiet, BTC stayed at around $ 28,000. However, it can be assumed that there will be more volatility in the course of today if the Fed announces whether it will raise interest rates or return from your policy.
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XRP, Ada steal the show
While most old coins today have minor profits, including BNB, SOL and TRX, others, such as XRP and ADA, have slipped. The former has increased by over 15 % and has reached its own high at $ 0.45.
The native token from Cardano has also risen in two digits (10 %) and is traded close to $ 0.4. Dogecoins and chainlink have also risen by impressive percentages, $ 5.6 or $ 7.4. Ethereum used to reach $ 1,800, after a jump of 2.7 %.
More profits come from XLM and Algo. These price increases have contributed to the fact that the cumulative market capitalization of all crypto-assets has balanced yesterday's losses, and the key figure at CMC is again $ 1.180 trillion.
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