.FTX_Official's FTT was not among crypto exchange tokens to recently outperform bitcoin; the price of Solana's SOL token continued to dip in Monday trading. theSamReynolds and JPRubin23 report
the two largest cryptos in market value, had a quieter day, falling about 2% and 1.3%, respectively, over the past 24 hours. BTC remained comfortably over its most recent $20,000 support level after jumping over $21,000 late last week as investors’ looked with hope at signs the U.S. Federal Reserve would scale back from its current diet of hefty, 75 basis point interest rate hikes. ETH continued to hover well above the $1,500 threshold it retook about two weeks ago.
A day ahead of the U.S. midterm elections, stocks started the week on an up note as the tech-heavy Nasdaq and S&P 500, which has a strong technology component, rose nearly a percentage point, while the Dow Jones Industrial Average closed up 1.3%. Safe haven , a widely watched measure of energy markets, held over $98, the perch it assumed late last week.
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