This week's analysis of Bitcoin and Ethereum trends: The latest developments in the crypto market!
This week, the U.S. market fluctuated slightly, with the S&P 500 index dropping to $6,051.08, as the Federal Reserve is expected to cut interest rates by 25 basis points next week, potentially bringing a new wave of market momentum. Google's breakthrough in quantum computing and China's economic stimulus policies have attracted market attention.
In the crypto market, Bitcoin rose slightly by 2.1%, breaking through $101,000, while Ethereum fell by 2.2%. XRP became the best-performing cryptocurrency, increasing by 2.2%. This week, stablecoins and decentralized finance projects performed well, while the NFT and AI sectors faced adjustments.
In the coming days, the Federal Reserve's interest rate decision may bring more market volatility. If you want to stay updated on market dynamics, follow Mr. Qiu and let's seize every opportunity together!