Bitcoin and Ether both rose in early Thursday morning trading in Asia, with Bitcoin moving back above the $29,000 resistance line and gaining 1.23% to $29,032 in the 24 hours to 8:00 a.m. in Hong Kong, according to CoinMarketCap data. Ether, the second-largest token, gained 1.84% to $1,905. The rest of the top 10 non-stablecoin cryptocurrencies by market capitalization were mixed, with Polygon's Matic leading the winners, rising 2.99% to $1.01. In the non-fungible token (NFT) market, the Forkast 500 NFT index dropped 1.69% to 3,648.07 in the 24 hours to 8:00 a.m. in Hong Kong, falling 1.65% for the week. The U.S. Federal Reserve hiked interest rates by the expected 25 basis points to between 5 and 5.25%, the highest level since 2006, and U.S. stock futures fell as a result. (forkast)
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