During the US trading session, the cryptocurrency market experienced a sudden increase in value as the Fed raised interest rates by 50 basis points. Bitcoin's price surpassed $60,000, leading to a resurgence in the altcoin market. SUI, a layer 1 cryptocurrency, saw a 7% surge to $1.25, making it one of the highest performers. The question remains whether this recovery will be sustained.
- Content Editor ( coingape.com )
- 2024-09-18
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