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Cardano’s ADA, XRP Slide as Bitcoin Traders Await ‘Coin-Flip’ FOMC Meeting

DeFi tokens such as Hyperliquid’s HYPE are up 70% in the past week, a sign of traders favoring fundamentals as capital allocators remain cautious with their money.

Federal Reserve Chair Jerome Powell. (CoinDesk Archives)
Federal Reserve Chair Jerome Powell. (CoinDesk Archives)