Often, macroeconomic events impact the performance of cryptocurrencies even before they occur. However, against all odds, the cryptocurrency market is in the positive today, recovering from a previous drop of $1.15 driven by the conflict between Israel and Iran.
It is noteworthy that investors have adapted to the current geopolitical conditions, as they believe that peace will soon be achieved. Additionally, liquidity is returning to the market, as traders' confidence has recovered due to the increase in Bitcoin's price, enthusiasm for the approval of the Solana ETF, and new advancements in the industry.
Moreover, there are low expectations for the Fed meeting, as experts have forecasted unchanged rates. Therefore, investor confidence remained unchanged. Consequently, the prices of digital assets are recovering today.
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