XRP, Ether Lead Recovery in Crypto Majors as Markets Prepare For Outsized Fed Hike

Ether, Cardano Lead Steep Crypto Slide Amid Dollar Strength

Bitcoin (BTC), Cardano’s ADA, and ether (ETH) rose over 4%, while memecoins dogecoin (DOGE) and shiba inu (SHIB) increased a nominal 2%. Ethereum Classic (ETC) slid 15% as the hype around its revival tapered off, while overall crypto market capitalization added 3.4% after falling yesterday to $930 billion for the first time since July.

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