<img src="https://crypto.news/app/uploads/2024/02/crypto-news-bitcoin-option42.webp” />
Disclosure: This article does not represent investment advice. The content and materials appearing on this page are for educational purposes only.
bitcoin fell after the Federal Reserve announced it would keep rates steady. Meanwhile, analysts say that XRP may recover in 2024. On the other hand, more investors are exploring NuggetRush (NUGX).
bitcoin falls
bitcoin recently fell to $42,000 following the Federal Reserve's decision to delay interest rate cuts due to, among other macro factors, falling inflation and a strong labor market.
Despite this, many analysts remain optimistic, citing the upcoming bitcoin halving as a possible trigger for the bulls.
NuggetRush set to turn a profit in 2024
NuggetRush you can benefit from the upcoming bitcoin halving event.
The platform has a play-to-earn (P2E) game for players to earn rewards. Its virtual mining world is based on the gold rush.
Players can also stake NFTs and NUGX to earn rewards. They can also access a wide range of nft collections, including RUSHGEM NFTs, integrated directly into the game and staked for profits of up to 20%.
In the ongoing pre-sale, more than 168 million NUGX were sold.
At the current stage, each NUGX is available for $0.018.
XRP is firm
XRP is strong and recently broke out of a historical bearish pattern. Still, XRP remains in a bearish formation, holding around the $0.50 support. Some analysts believe that XRP may recover and surpass the dollar in 2024.
Conclusion
The Federal Reserve's decision negatively affected crypto assets, including bitcoin. However, other data suggests that XRP and NuggetRush could continue a long-term bullish trend.
Disclosure: This content is provided by a third party. crypto.news does not endorse any products mentioned on this page. Users should conduct their own research before taking any action related to the company.
