New Delhi: The cryptocurrency market staged a quick recovery on Friday as traders saw some value at lower levels.
Hawkish comments from US Federal Reserve Chairman Jerome Powell spooked the traders a day before. The central bank will raise interest rates more than four times this year.
Barring the US dollar-pegged Tether, Dogecoin and Terra, all other seven out of top-10 digital tokens were trading higher during the trade. Bitcoin jumped 3 per cent and BNB 6 per cent.
The global crypto…
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