Crypto rose and reversed all at once. It is pointed out that the rise is not significant because it has plunged significantly, but just changing the trend is meaningful.
As of 10:50 a.m. on the 15th (GMT+8), Bitcoin is recording 21,923 dollars, up 2.17% from 24 hours ago on CoinMarketCap, a global coin market relay site. Bitcoin is hovering below $22,000 on the same day.
Ethereum, the second-largest market capitalization, is recording $1,200, up 8.05% from 24 hours ago. Ethereum’s rise is larger than Bitcoin because Ethereum’s fall has been much larger.
Binance Coin, the fifth-largest market capitalization, jumped 7.32% to $221.
In addition, Cardano (Aida) is up 3.86%; Solana is up 9.27%, and Ripple is up 4.54%.
Experts believe that crypto has bottomed out. However, the increase is not expected to expand further.
This is because the Fed’s announcement of interest rate decisions is just around the corner. The Fed will announce the results of the meeting after a meeting of the Open Market Committee (FOMC) on the 15th (local time). Crypto is expected to rose once again according to the results of the FOMC meeting.
Meanwhile Asian stocks are falling all at once ahead of the announcement of the results of the U.S. Federal Reserve’s Open Market Committee (FOMC), but the Chinese stock market is soaring more than 1%.
The reason why the Chinese stock market is soaring is attributed to the fact that all macroeconomic indicators released on the same day showed improvement.
As of 11:30 p.m. on the 15th, Korea’s KOSPI plunged 1.31%, and Asian stocks, excluding those in China, are falling all at once. Japan’s Nikkei is down 0.73% and Australia’s ASX index is down 0.26%, respectively.
In contrast, China’s Shanghai Composite Index is rising 1.28 percent and Hong Kong’s Hang Seng Index is rising 1.36 percent, respectively.
