The Ripple-affiliated token managed to reclaim the $0.50 mark on major spot exchanges.Major cryptocurrencies experienced a sudden drop on Thursday together with stocks due to hotter-than-expected inflation data. The U.S.
Federal Reserve is now almost guaranteed to implement another 75-basis-point rate hike next month after the most recent consumer price index index. Major stock market indices experienced an extremely sharp turnaround yesterday. The Dow surged a staggering 1,500 points from its intraday low, closing 800 points higher. In fact, the S&P 500 index recorded its widest trading range since 2000.
Think you missed QNT’s surge 🤷♂️
Shib is next
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: