Here are today's top cryptocurrency news stories:
1. Bitcoin's Decline:
- $BTC has dropped to around $59,324. This decline is driven by investor caution due to potential interest rate hikes by the Federal Reserve, leading to reduced inflows into cryptocurrencies
- $ETH is slightly down, trading at $2,519. $SOL also experienced a 3% drop, now trading at $138, as part of the broader market's cautious trend
3. Gainers Amidst the Downturn:
- Despite the overall market decline, BEAM and MultiverseX (EGLD) have bucked the trend, each gaining around 4% over the past 24 hours