🖼 Over the past 7 days, the volume of #NFT transactions on the Ethereum network has fallen by 14%, and on the Bitcoin network by 10%.
#BTC dune: Also observed sustainable reduction in commissions generated by Runes. Fees in the last twelve days have only exceeded 1 million twice.
BY Crypto News Aggregator by EXCAVO
That growth environment will include rising inflation and interest rates. Those upward shifts naturally accompany healthy growth periods as the demand for resources, products and services rise. Importantly, the Federal Reserve has laid out the rationale for not interfering with that natural growth transition.It's not exactly a fad, but there is a widespread willingness to pay up for a growth story. Classic fundamental analysis takes a back seat. Even negative earnings are ignored. In fact, positive earnings seem to be a limiting measure, producing the question, "Is that all you've got?" The preference is a vision of untold riches when the exciting story plays out as expected.
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