The hawkish Fed decision to raise interest rates by 0.5% this month is still being felt in the cryptocurrency market. For two days in a row, the world’s largest companies have reported falling market capitalization. Among the coins experiencing a downward trend today are Solana (SOL) and Cardano (ADA).
Despite the decline of Solana (SOL) and Cardano (ADA), there are still some cryptocurrencies that have not been affected by the Federal Reserve’s hawkish stance. Some coins, like Bitgert (BRISE) and Centcex (CENX), have done pretty well in this bear market. The signs of a bull run have been stable.
Overall market performance is consistent with daily declines in SOL and Cardano (ADA). On the market, there has been more pressure to sell, and analysts think this will continue for the next few days until the market finds a new balance.
This week, Solana has made a remarkable recovery, ranking among the top performing cryptocurrencies. In fact, the CMC data shows that Solana (SOL) has been performing better than Cardano (ADA) over the past week.
Solana (SOL) and Cardano (ADA) could drop even further if bears strengthen as expected over the next few days. While Bitcoin (BTC) and Ethereum (ETH) may see volatility in the coming days, Bitgert (BRISE) and Centcex (CENX) are forecast to show little change or even a slight uptick.
Bitgert and Centcex Could Rally: This is Why!
Even after the Fed’s announcement of a rate hike, BitGert and Centex have had strong performance over the past two days. However, the rising withdrawals the market has been experiencing are being held back from these coins by a number of factors.
The expansion of the Bitgert and Centcex ecosystems thanks to newly released road maps is one such example. There has been a rise in their rate of adoption thanks to the release of game-changing products by these projects. Thanks to the release of features like Bitgert Paybrise and the much-anticipated Bitgert centralized exchange, $BRISE has become a very appealing investment option.
Even though there are more people selling Bitgert and Centcex coins on the market, their prices have stayed pretty stable today because so many investors are buying them. The success of BRISE can be traced back to the popularity of Paybrise, the platform’s exchange, and other products made by the Brise team in the past.
In light of this, Bitgert and Centcex may yet provide better returns for crypto investors than Solana (SOL) and Cardano (ADA). Solana and Cardano buyers have been increasing their purchases of Bitgert and Centcex.
Finally, both Bitgert (BRISE) and Centcex (CENX) should hold steady and possibly grow bullish over the weekend. That’s why they’re the best cryptocurrency investments right now.
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