The recent news from the FOMC met analysts' forecasts and as a result the cryptocurrency sector reacted positively. Bitcoin has reached $43k again but there are other tokens/coins that have reacted much better.
Internet Computer (ICP), one of the most comprehensive platforms in the blockchain sector, continued its bullish run reaching above $6.30, the highest point since May 2023 (+100% in 2 months).
Better yet, Fetch AI (FET), a decentralized AI platform that combines artificial intelligence and blockchain technology, has had extraordinary days, rising up to $0.67 for a powerful +216% in 2 months.
Great reaction also from IOTA (MIOTA) +100% in 2 months, Beam +200% in 1 month, HBAR +72% in 2 months and many others.
It is clear how much the interest in dApps and the adoption of retail and institutional investors are pushing the market, with notable percentage increases in almost every cryptocurrency. There's still a long way to go to recover the all-time high seen in 2021, but we're doing great.
Always remember take profits and stop losses, the market is extremely volatile and does not forgive anyone. In less than 1 minute you can lose all your earnings and even part of your invested capital.
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