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Title: Litecoin Reacts as Crypto Market Weighs Fed’s Crucial Market Comments
As cryptocurrency markets continue to navigate the unfolding drama in Washington D.C., investors are growing increasingly uneasy about the future prospects for the sector. Following yesterday’s Federal Reserve meeting, in which Chair Jerome Powell struck a hawkish tone on inflation and interest rates, many market analysts are scrambling to make sense of the implications.
In response to these developments, I noticed that Litecoin (LTC) has been showing some impressive resilience, despite the Fed’s efforts to slow down inflation.
Source: u.today
