Cryptos Reclaim $2T Capitalization, Cardano’s ADA Leads Gains in Majors – CoinDesk

“A more aggressive increase in rates raises the chance of a recession, as it will slow growth more,” said Marcus Sotiriou, an analyst at crypto broker GlobalBlock, in an email to CoinDesk. “In my opinion, they will not raise rates by more than 25 basis points until September at the earliest, as the Federal Reserve will try their best to avoid a recession.”

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