On Tuesday, the markets reacted positively to the news that the consumer price index (CPI) had increased by only 0.1% in the past month. In the morning, risk assets such as stocks, crypto, and bonds rose sharply, followed by declines later in the day ahead of tomorrow's FOMC meeting where it is widely expected that a 50-basis point hike in interest rates will be announced.
The Dow Jones Industrial Average ended the day up 0.30%, while the S&P 500 rose by 0.73% and Nasdaq Composite added 1.01%. Meanwhile, Bitcoin is fighting the $17,800 resistance level as of writing and is up 4.15% on the day.
Although the cryptocurrency and risk asset markets, in general, are still showing signs of volatility, we may be seeing a turning point soon given how events in 2022 have brought the markets down massively from their all-time highs. There may still be some room to go down, but this could be a great opportunity for investors to begin buying crypto assets at lower prices before the next bull run.
We've compiled a list of cryptocurrencies that boast strong prospects and are expected to show significant growth in 2023 and beyond.
For cryptocurrency investors seeking to profit from the FTX exchange fiasco, Dash 2 Trade’s D2T token could be a promising option. What sets Dash 2 Trade apart is its social insights and community, social indicators, presale analytics tool, strategy backtesting, technical indicators, and social trading features – all of which lead the crypto industry.
With Dash 2 Trade's cutting-edge features, the platform is primed to become a favorite among both long-term investors and short-term traders, making it one of the best cryptos to buy today. The website has garnered mass attention and only looks to get more popular as
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