Tides Are Shifting in the NFT Space; StarkWare's Valuation Quadruples
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On Wednesday, U.S. stocks rallied after U.S. Federal Reserve officials signaled that counter-inflation measures will not take another aggressive turn. The broader crypto market, however, flipped red upon the release of the latest FOMC minutes. As of the time of writing, BTC is hovering near the $30k psychological support level after suffering a marginal loss over the last 24 hours. Some analysts believe that the largest cryptocurrency by market cap will likely remain in the $28.5k to $30.5k range until more clarity can be derived from extant macroeconomic conditions.