Solana Surges By 21%, ADA By 19% As Crypto Market Recovers

2023-01-09T11:30:00+5:30

US December CPI Data To Be Out On 12 Jan

As per reports, US December Consumer price index (CPI) data will be released on January 12. However, this will affect the FOMC rate hike at the end of January. The current probability of raising interest rates by 25bps is 75%.

2023-01-09T11:00:00+5:30

Cardano (ADA) Lead Altcoin Rally

Cardano (ADA) price is up 19.80% in the last 24 hours. ADA is currently trading at $0.33 and with a market cap of $11.3 billion.

Since the beginning of 2023, ADA had been showing major strength with nearly 10% gains last week. Cardano has been back in the news since whale accumulation for ADA resumes. Read More Here…

2023-01-09T10:30:00+5:30

Solana Price Surges By 21%

Solana (SOL), the Ethereum competitor shot up by another 21% in the last 24 hours. SOL is trading above $16 with a market cap of $5.9 billion.

Over the last week, the SOL price has gained 60% making it one of the top-performing altcoins in the market. SOL faced a massive correction following the collapse of the crypto exchange FTX in November 2022. Solana ended the year 2022 with a staggering 95% price drop

2023-01-09T10:00:00+5:30

Crypto Market Recovers

The global digital asset market saw a broad recovery on Monday Morning. The biggest crypto like Bitcoin and Ethereum prices jumped by over 2% and 4%, respectively. The global crypto market cap is up by 3.25% over the last day. It now stands at $850.35 billion. However, the 24 hour trading volume is up by 85% to stand at $30.9 billion.