At one point, bitcoin was trading at around $39.00, slightly higher than in the past 24 hours. Ether sold for just over $2,550, slightly less than the same period. Other major cryptocurrencies in the CoinDesk top 20 by market cap also fell, though Terra’s luna and Axie Infinity (AXS) were among the exceptions. Trading was soft as investors seemed inclined to wait for events later in the week, including a decision by the US central bank’s Federal Open Market Committee (FOMC) on the first of what many observers believe will be several rate hikes this year to boost the economy. raging inflation.
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