Jennyjack
New member
The cryptocurrency market has been experiencing a lot of price turbulence this week, largely driven by panic surrounding the FOMC meeting and SEC's ongoing regulatory actions. This has led to significant volatility in the industry. However, as Bitcoin fails to show a noticeable uptrend, investors are turning towards meme coins as a way to secure stable profits.
According to the latest price analysis by Coinpedia, there is concern among investors regarding the continuous interest rate hikes by the Fed, which have resulted in a significant decrease in cryptocurrency investors' portfolios. Nevertheless, investors are now showing a growing interest in meme coins due to their perceived resistance to macroeconomic conditions, as it has resulted in a stable price momentum for meme coins even during Bitcoin's downturn.
According to the latest price analysis by Coinpedia, there is concern among investors regarding the continuous interest rate hikes by the Fed, which have resulted in a significant decrease in cryptocurrency investors' portfolios. Nevertheless, investors are now showing a growing interest in meme coins due to their perceived resistance to macroeconomic conditions, as it has resulted in a stable price momentum for meme coins even during Bitcoin's downturn.
