24 Crypto Update, 01 Dec: Fed Boost Ignites Crypto Market Rally!

cryptoupdate

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Powell deems rate cut speculation 'premature' - US Fed Chair.​

  • Bitcoin, the world's oldest and most valuable cryptocurrency, reached a 19-month high, hitting the $39,000 mark during the Friday U.S. session.
  • Several popular altcoins, including Ethereum, Solana, Terra Luna, Litecoin, and Chainlink, experienced marginal gains.
  • Among these, the beam token emerged as the most significant gainer, showing a 24-hour increase of over 15.80%.
  • On the flip side, Sei emerged as the biggest loser on Friday, experiencing a 24-hour dip of nearly 4.77%...Read more about the news
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