Hedera

Wormhole

Bitcoin

Optimism

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/how-did-cryptocurrencies-react-to-the-feds-decision/" data-wpel-link="internal">How Did Cryptocurrencies React to the Fed’s Decision?</a><br></p>
<p style="text-align: justify">The Fed’s eagerly awaited interest rate decision was announced. After the decision to keep the rates unchanged, attention turned to cryptocurrencies. Following the announcement, there was a noticeable increase in cryptocurrency prices. <a href="https://coin-turk.com/lark-davis-2021-son-ceyreginde-mega-boga-bekliyor-iste-gerekceleri" data-wpel-link="internal">Bitcoin</a> price soared to $59,400 within minutes after the decision but then fell back to $57,590. Which <a href="https://coin-turk.com/ethereum-4-000-dolar-barajiyla-karsi-karsiya-balinalarin-bu-hareketi-onemli" data-wpel-link="internal">altcoins</a> capitalized on this price increase?</p> 
<h2 style="text-align: justify" id="wormhole-w-price-outlook">Wormhole (W) Price Outlook</h2> 
<p style="text-align: justify">Leading the list of top gainers in the last 24 hours was <strong>Wormhole</strong> (W). W’s price saw a 13% increase over the past 24 hours, trading at $0.661.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-346876" src="https://coin-turk.com/wp-content/uploads/2024/05/wormhole-hbar-op-coin-turk-com.png" alt="" width="948" height="174"></p> 
<p style="text-align: justify">Despite a 2.91% drop in the last hour, W has shown a 19.18% rise over the past week, proving to be a wise choice even amidst market declines.</p> 
<p style="text-align: justify">Additionally, following the rise, Wormhole’s market cap reached $1.189 billion, with a trading volume of $267 million over the last 24 hours.</p> 
<h2 style="text-align: justify" id="how-much-is-hedera-hbar-now">How Much Is Hedera (HBAR) Now?</h2> 
<p style="text-align: justify">An incredible development occurred in the market last week. Later, it was stated that there was a misunderstanding, centered around news involving Blackrock, after which Hedera (HBAR) experienced an incredible rise but then significantly retracted.</p> 
<p style="text-align: justify">Despite the pullback, HBAR has seen a 12% increase in the last 24 hours. Following the rise, it was ranked second on the CMC list of top gainers over the last 24 hours.</p> 
<p style="text-align: justify">After the incredible rise, the price change over the past seven days indicates an 18% decrease. HBAR’s market cap was $3.68 billion, with a trading volume of $300 million over the last 24 hours.</p> 
<h2 style="text-align: justify" id="buying-support-in-optimism-op">Buying Support in Optimism (OP)</h2> 
<p style="text-align: justify">Today, the market focused on OP following a $90 million purchase news related to a16z. OP’s price quickly rose to $2.62 but then experienced a price pullback.</p> 
<p style="text-align: justify">As of the time of writing, after a 10.93% increase in the last 24 hours, the price of OP was $2.55. Optimism’s market cap rose to $2.66 billion following the price increase, moving up to the 39th rank in the market.</p> 
<p style="text-align: justify"><strong>Optimism’s</strong> (OP) 24-hour trading volume saw a 121% increase, rising above $661 million. This reflects the positive buying pressure created on investors by a16z’s $90 million investment.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/how-did-cryptocurrencies-react-to-the-feds-decision/" data-wpel-link="internal">How Did Cryptocurrencies React to the Fed’s Decision?</a></h5>

How Did Cryptocurrencies React to the Fed’s Decision?

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