What is moving the market
The overall news sentiment is slightly negative, with an average score of -0.06. The Federal Reserve's interest rate hike and the failure of the CLARITY Act in the Senate are weighing on the mood, although there is also positive news regarding Bitcoin and Ethereum.
Biggest risk
The market shows mixed reactions following the Federal Reserve's interest rate hike. Bitcoin and Ethereum experienced some volatility, but the broader impact is tempered by the failure of the CLARITY Act. Positive news regarding institutional adoption, such as Deutsche Bank offering crypto custody services, provides some support.
Coins in focus
News sources
Cointelegraph
Cointelegraph