VeChain Outperforms Bitcoin, Solana: VET To $0.07 Soon?
The cryptocurrency market is facing a substantial price correction. Despite the dip, VeChain (VET) is up 1.8% in the weekly charts and 16% over the previous month. Bitcoin (BTC), on the other hand, is down 0.6% in the weekly charts and up by only 3.1% in the monthly charts. Solana (SOL) is down 1.7% in the weekly charts and 17.6% in the monthly charts. Although VET is outperforming Bitcoin (BTC) and Solana (SOL) in the weekly and monthly charts, the asset is down 4.9% in the daily charts and 20.3% in the 14-day charts. Source: Coingecko Also Read: Does Youtube TV have the History Channel? Why Is Bitcoin And The Crypto Market Down? Source: Watcher Guru The current market correction follows Bitcoin’s (BTC) dip to sub-$100,000 levels. The original crypto faced a correction after inflation in the US increased to 2.7%. The Federal Reserve also took a hawkish stance in its latest FOMC meeting. The central bank has decided to undertake only two interest rate cuts in 2025 instead of three...