The crypto market saw a whirlwind of activity on Wednesday, with Bitcoin leading a surprising rebound after experiencing recent losses. Amidst volatility, Bitcoin made a notable recovery, climbing 1.7% to settle at $65,773, following an initial dip to $60,793. The closure of the Federal Reserve’s two-day meeting provided some relief as cryptos regained ground. The…
In just 15 years, cryptocurrencies have transformed from obscurity into a vital component of financial markets. However, their evolution has not eradicated the extreme volatility that characterizes the industry. The crypto market, reaching a peak of $2.9 trillion in November 2021, experienced a significant dip to less than $900 billion in mid-2022 due to rising…
Cryptocurrencies have endured a turbulent week, with the industry’s more contentious aspects grabbing relentless media attention. At the center of this storm is the trial of Sam Bankman-Fried, a prominent figure in the crypto world, whose legal proceedings have brought the industry and its most infamous personality into the spotlight. This unfavorable publicity has left…