Bitcoin Hovers Close to $28,900, Stablecoins Dip After the US Announces Another Interest Rate Hike

The overall crypto market grew by 1.65 percent in the last 24 hours. Bitcoin and Ether among other altcoins like Solana, Polygon, and Polkadot saw small gains as a testimony to people’s increased interest in cryptocurrencies after back-to-back collapses of traditional banks in the US. Stablecoins however, did see losses after the US announced another interest rate h...