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Bitcoin fell after the Federal Reserve announced it would keep interest rates steady. Meanwhile, analysts say XRP could rebound in 2024. Meanwhile, more investors are exploring NuggetRush (NUGX).
Bitcoin falls
Bitcoin recently fell as low as $42,000 after the Federal Reserve decided to delay interest rate cuts due to falling inflation and a strong labor market.
Nonetheless, many analysts remain optimistic, citing the upcoming Bitcoin halving as a factor that could trigger bullishness.
NuggetRush is expected to become profitable in 2024.
NuggetRush could benefit from the upcoming Bitcoin halving event.
The platform features Play-to-Earn (P2E) games where gamers can earn rewards. The mining virtual world is based on the gold rush.
Players can also earn rewards by staking NFTs and NUGX. You’ll also get access to a diverse collection of NFTs, including RUSHGEM NFTs, which are integrated directly into the game and guarantee returns of up to 20%.
In ongoing pre-sale, NUGX has sold over 168 million units.
At this stage, each NUGX can be purchased for $0.018.
XRP is solid
XRP is solid and recently broke out of its historic bearish pattern. Nonetheless, XRP remains in bearish form and holds support at $0.50. Some analysts believe that XRP could rise and break above $1 in 2024.
conclusion
The Federal Reserve’s decision had a negative impact on cryptocurrency assets, including Bitcoin. However, other data suggests that XRP and NuggetRush may continue to trend upward in the long term.
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