A Good Week for Exchange Tokens, Except FTT; Solana Continues Falling

A Good Week for Exchange Tokens, Except FTT; Solana Continues Falling

Bitcoin and ether, the two largest cryptos in market value, had a quieter day, falling about 2% and 1.3%, respectively, over the past 24 hours. BTC remained comfortably over its most recent $20,000 support level after jumping over $21,000 late last week as investors’ looked with hope at signs the U.S. Federal Reserve would scale back from its current diet of hefty, 75 basis point interest rate hikes. ETH continued to hover well above the $1,500 threshold it retook about two weeks ago.

Originally Posted on: https://www.coindesk.com/markets/2022/11/08/first-mover-asia-a-good-week-for-exchange-tokens-except-ftt-solana-continues-falling/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
By: Sam Reynolds, James Rubin

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