Also today, Elon Musk teases crypto enthusiasts on Twitter... and inadvertently causes the value of ApeCoin to surge by 20%.
On today's CoinMarketRecap with Connor Sephton, the markets nervously await news as the U.S. Federal Reserve prepares for the fastest interest rate hike in decades — and MicroStrategy suffers a painful impairment loss on its Bitcoin investment in the first quarter of 2022.
Also today, The Wall Street Journal says NFT sales are "flatlining" — but is this completely true?
Plus, Elon Musk causes a stir after criticizing NFTs, stealing a Bored Ape picture, and suggesting some users may have to start paying for Twitter.
You can follow us on Twitter — @ConnorSephton and @CoinMarketCap.