7 Cryptos at a Crossroads as the Fed Could Change Everything

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Seemingly operating under a never-say-die attitude, the cryptocurrency sector continues to hold above the $1.15 trillion market capitalization level, though individual cryptos now face a familiar obstacle: the Federal Reserve. Specifically, the June jobs report probably didn’t do enough to convince the central bank that additional interest rate hikes aren’t necessary. Therefore, the market might move to a risk-off cycle, imposing difficulties on virtual currencies.