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SHIB, RGT and AMPL shake off Fed taper comments by notching double-digit gains
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Volatility reared its ugly head for a second day after growing fear of the new Omicron Covid-19 variant and the Federal Reserve's admission that an earlier than expected adjustment to its bond buying program continue to impact global stock markets. The impact of these concerns appear to have impacted Bitcoin price and this morning the digital asset retreated from its intraday high at $59,175, falling to as low as $55,875.
It’s not all bad news for crypto holders, however, several altcoins have racked up notable gains over the past 24-hours.
Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24-hours were Shiba Inu (SHIB), Rari Governance Token (RGT) and Ampleforth (AMPL).
Shiba Inu is a meme coin
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