Why Ethereum, Dogecoin, and Cardano Are Moving Higher on Jan. 4, 2023

What happened

Several popular cryptocurrencies rose this morning, as investors wait for the release of the latest meeting minutes from the Federal Reserve.

Since late afternoon yesterday, the price of the world’s second-largest cryptocurrency, Ethereum (ETH 3.46%), traded about 3.3% higher as of 11:11 a.m. ET today. The price of the meme token Dogecoin (DOGE 3.36%) traded about 2.8% higher, and shares of Cardano (ADA 6.73%) were up 6.5%.

So what

Investors are still trying to find direction…


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