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Crypto and NFT Market Update – May 4th

Welcome to The Daily Forkast – May 4, 2023 – presented by Jeff Cheung.

The Federal Reserve has increased interest rates by another 25 basis points again, leaving it at its highest levels since 2007.

The crypto markets have been faring well despite this, with Bitcoin back to the US$29,000 levels and most other major cryptocurrencies maintaining their current prices.