Dogecoin, Cardano’s ADA Lead Market Gains as Bitcoin Traders Eye Next Fed Meeting
Analysts say they expect a 100 basis-point cut in 2025, with easing likely to start after July
What to know:
The bitcoin price approached the $100,000 mark as crypto markets rose, driven by Federal Reserve signals and Donald Trump's hint of a potential trade deal.
Major cryptocurrencies like dogecoin and Cardano's ADA saw significant gains, while the CoinDesk 20 index rose by 2.2%.
The Federal Reserve's decision to hold interest rates steady left markets uncertain about future cuts, impacting risk assets including cryptocurrencies
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