Japan’s interest rate increase from 0% to 0.25% triggered a sell-off in markets around the world – and crypto was not spared. The Crypto Fear & Greed Index tumbled to a score of 17, its lowest in two years. Amid the chaos, Bitcoin and Ether ETFs hit a combined trading volume of a whopping $6 billion in a single day, and Solana outperformed both Bitcoin and Ether in the price rebound that followed Monday’s lows.
Japan’s interest rate increase from 0% to 0.25% triggered a sell-off in markets around the world – and crypto was not spared. The Crypto Fear & Greed Index tumbled to a score of 17, its lowest in two years. Amid the chaos, Bitcoin and Ether ETFs hit a combined trading volume of a whopping $6 billion in a single day, and Solana outperformed both Bitcoin and Ether in the price rebound that followed Monday’s lows.
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