This month, among the first 20 with the largest market capitalization, the one that fell the most was Uniswap, belonging to the network, Ethereum, with 23.7%. Later they follow: Solana (-23.1%), Polkadot (-13.3%), Bitcoin (-12.7%), Ripple (-12.3%), Cardano (-10.1%), Dogecoin ( -8.7%), Polygon Matic (-8.4%), and Ethereum (-5.02%).
Among the increases, which were few and very slight, stood out Unes Sed Leo with 14.7%. It is a utility token that is part of the iFinex ecosystem that also includes BitFinex, EthFinex, and Tether. It is a cryptocurrency used by users to obtain economic advantages on these platforms. Shiba Inu (+2.4%), and Binance Coin (+0.4%) also rose.
This month there was a decline in equity risk assets, which included international stock markets, and was due, among other things, to statements by Fed Chairman Jerome Powell, which will continue with its aggressive policy of raising interest rates to contain inflation. A similar event that is replicated in other major central banks in the world.
Source: Ambito
David William is a talented author who has made a name for himself in the world of writing. He is a professional author who writes on a wide range of topics, from general interest to opinion news. David is currently working as a writer at 24 hours worlds where he brings his unique perspective and in-depth research to his articles, making them both informative and engaging.
