With all eyes on US CPI Data and Fed interest rate decision today, the crypto market has already taken a beating, with Bitcoin holding fort at $66k. With the market expecting no rate cuts in the US, any sign of a rate cut could drive the market to bullish territories yet again.<\/p>\n\n\n\n
In altcoin news, the Polygon community treasury has promised 1 billion tokens over the next 10 years for incentivizing builders to build on top of the Polygon blockchain with season 1 consisting of distributing around 22 million dollars for the same. With MATIC underperforming against other crypto assets, this could give the project a much-needed boost.<\/p>\n\n\n\n
On the other hand, the much-awaited ZK-Sync airdrop is finally announced as the ZK-Sync tokens will be airdropped to more than 700,000 addresses after strict evaluation criteria.<\/p>\n","protected":false},"excerpt":{"rendered":"
With all eyes on US CPI Data and Fed interest rate decision today, the crypto market has already taken a beating, with Bitcoin holding fort at $66k. With the market expecting no rate cuts in the US, any sign of a rate cut could drive the market to bullish territories yet again. In altcoin news, […]<\/p>\n","protected":false},"author":93,"featured_media":40455,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[14714],"tags":[6467,6602,6536],"class_list":["post-40558","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-analysis","tag-crypto","tag-market-update","tag-news"],"acf":{"key_takeways":false,"youtube_vodeo_url":"","seo":{"title":"","keywords":"","description":"","canonical":""},"blog_banner_image":false,"blog_coin":false,"download_the_app":{"button_value":"","button_url":""},"twitter_card":{"twitter_title":"","twitter_description":"","twitter_link":""},"maturity_tag":"","post_author":false,"guest_author":false,"hide_toc":true,"select_disclaimer":"Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered investment\/financial advice from CoinSwitch. Any action taken upon the information shall be at the user\u2019s risk."},"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/40558","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/users\/93"}],"replies":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/comments?post=40558"}],"version-history":[{"count":3,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/40558\/revisions"}],"predecessor-version":[{"id":40562,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/40558\/revisions\/40562"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/media\/40455"}],"wp:attachment":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/media?parent=40558"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/categories?post=40558"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/tags?post=40558"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}