SHIB, RGT and AMPL shake off Fed taper comments by notching double-digit gains

SHIB, RGT and AMPL shake off Fed taper comments by notching double-digit gains

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 continues to impact global stock markets. The impact of these concerns appears 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, as several altcoins have racked up notable gains over the past 24 hours.

Top 7 coins with the highest 24-hour price change. Source: Cointelegraph Markets Pro
VORTECS™ Score (green) vs. SHIB price. Source: Cointelegraph Markets Pro
VORTECS™ Score (green) vs. RARI price. Source: Cointelegraph Markets Pro
AMPL/USDT 4-hour chart. Source: TradingView

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