The news has been welcome in the limping cryptocurrency world. Bitcoin and other digital assets had a terrible 2022, with the flagship cryptocurrency falling by more than 64% over the course of the year — a year that was marked by several headwinds, including the collapse of cryptocurrency giant FTX and the arrest of its once-vaunted but now-disgraced founder, Sam Bankman-Fried.
Ripple is up 20% from the start of the year, cardano has experienced a whopping 64% increase, and solana has risen by nearly 150%. Even dogecoin, the so-called “meme coin” bolstered by Tesla CEO Elon Musk, has seen its value grow by nearly 30%. Inflation remains well above the Fed's 2% target, but that and other reports add to the evidence that prices are trending down and that the recent deceleration is not an aberration but a sign that underlying price pressures are indeed falling.
bitcoin is up 30%? microstrategy (MSTR) options are up THOUSANDS of % from last months lows (Mar 380 calls were 35 cents, now $9)
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