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VeChain (VET) has faced a massive price correction over the last few months. The asset has slipped to the 55th position among the top projects by market cap. VET’s price is down 1.2% in the daily charts, 17.3% in the weekly charts, 12% in the 14-day charts, 24.2% in the monthly charts, and 44.6% since April 2024. Source: CoinGecko Also Read: Ripple: XRP Forecasted To Hit New All-Time High of $4, Here’s When Cryptocurrencies Dip On Liberation Day Source: Watcher Guru President Donald Trump said that he would announce new tariffs for India, Japan, and other countries on Apr. 2, a day he called “ Liberation Day ” for Americans. Market participants may be weary about the upcoming tariffs. Risky assets such as cryptocurrencies have taken a massive hit. VET and most other crypto assets are trading in the red zone today. Also Read: Indian Firm Jetking to Raise Funds for Bitcoin Investment Macroeconomic headwinds have presented considerable challenges to the crypto market. The...

The cryptocurrency industry has been home to thousands of assets from different categories. Dogecoin (DOGE), the OG meme cryptocurrency, was the only reigning over the meme coin market. But the debut of Shiba Inu (SHIB) was a game changer. SHIB grew in popularity and soon started changing the financial status of many. Also Read: Solana (SOL) Predicted To Grow 5x To $776: Here’s When Shiba Inu’s Performance And Potential Profits Shiba Inu had a reasonably good end to September. The asset recorded a 30% increase over the past seven days. Following a slight setback at press time, the meme coin was trading at $0.00001842 with a 2.23% daily drop. Source The meme coin is 79% below its all-time high of $0.00008845. Despite its recent dip, Shiba Inu has surged by more than 22323419.05% since its origin in 2020. Also Read: Powell’s Rate Cut Hints: Crypto Market Set for a Boost? How Much Profit Would An Early Entry Into Shiba Inu Bring? Shiba Inu was first launched in August 2020. The asset kick...

Bitcoin surged over 5% on Friday, August 23, 2024, following Federal Reserve Chair Jerome Powell’s recent comments. The Fed’s hints at potential interest rate cuts have reignited the crypto market and discussions about crypto regulations. Also Read: BRICS: Payments in Chinese Yuan Surpasses the US Dollar by 2.5% Fed’s Rate Cut Hints Spark Bitcoin Surge Amid Regulatory Uncertainty Source: Canva Powell’s Jackson Hole Speech: A Catalyst for Crypto Investors watched Powell’s address at the Jackson Hole Economic Symposium closely. He expressed confidence in managing inflation, which had peaked in 2022. The Fed’s remarks about possible rate cuts starting September 2024 were received positively by the crypto market. Market Response: Bitcoin and Altcoins Rally After Powell’s speech, Bitcoin’s value increased by 5.59%, reaching $63,720. Other cryptocurrencies also gained. Ethereum rose 2.9% to $2,685. Solana went up by 2.4%, while Polkadot increase...