24 Crypto Update, 01 Dec: Fed Boost Ignites Crypto Market Rally!

[coingabbarmarket]

Powell deems rate cut speculation 'premature' - US Fed Chair.
Bitcoin, the world's oldest and most valuable cryptocurrency, reached a 19-month high, hitting the $39,000 mark during the Friday U.S. session.

Several popular altcoins, including Ethereum, Solana, Terra Luna, Litecoin, and Chainlink, experienced marginal gains.

Among these, the beam token emerged as the most significant gainer, showing a 24-hour increase of over 15.80%.

On the flip side, Sei emerged as the biggest loser on Friday, experiencing a 24-hour dip of nearly 4.77%.

Read more - https://www.coingabbar.com/en/crypto-currency-news/crypto-update-dec-fed-boost-ignites-crypto-market-rally