The post Crypto Price Analysis 5-16: BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, DOGECOIN: DOGE, NEAR PROTOCOL: NEAR, COSMOS: ATOM appeared on BitcoinEthereumNews.com.

The crypto market registered a marginal increase over the past 24 hours as Bitcoin (BTC) and other cryptocurrencies rebounded after a sluggish week. BTC had dropped to a low of $101,432 on Monday before rebounding to $103,820. The flagship cryptocurrency is up over 1% during the ongoing session, trading around $104,100. Ethereum (ETH) also recovered, registering a marginal increase and moving to $2,587. However, Ripple (XRP) registered a sharp decline after a US Court denied the SEC and Ripple’s request to lift an injunction prohibiting XRP sales to institutional investors, dropping over 4%. Solana (SOL) also registered a notable decline, falling nearly 2% to $171.  Dogecoin (DOGE) also traded in the red, down over 2%, while Cardano registered a marginal decline and settled at $0.783. Chainlink (LINK), Stellar (XLM), Hedera (HBAR), Toncoin (TON), and Polkadot (DOT) also registered notable declines. However, Litecoin (LTC) bucked the bearish trend and registered an increase of nearly 2% in the past 24 hours.  Fed Chair Says Zero-Interest Rates Unlikely To Return  Federal Reserve Chair Jerome Powell has warned that new market realities mean zero or near-zero percent interest rates are unlikely to return. Speaking on Thursday, Fed Chair Powell warned about impending supply shocks that would keep interest rates higher.  “Higher real rates may also reflect the possibility that inflation could be more volatile going forward than in the inter-crisis period of the 2010s. We may be entering a period of more frequent, and potentially more persistent, supply shocks — a difficult challenge for the economy and for central banks.” Powell’s remarks about impending supply shocks echoed earlier statements in response to President Donald Trump’s tariff and trade policy. The Fed Chair had earlier warned that the volatility of US trade policy could lead to slower growth and higher inflation. Powell noted that in…

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Filed under: News - @ May 17, 2025 11:24 pm