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Dogecoin and ADA Outpace Bitcoin as Traders Brace for Fed’s Next Move

Dogecoin and ADA Outpace Bitcoin as Traders Brace for Fed’s Next Move

Author:
CoindeskEN
Published:
2025-05-08 08:29:18
19
1

Dogecoin, Cardano’s ADA Lead Market Gains as Bitcoin Traders Eye Next Fed Meeting

Meme coin Dogecoin and Cardano’s ADA are stealing the spotlight—posting double-digit gains while Bitcoin treads water ahead of the Fed meeting. Retail traders pile into altcoins, hedging against macro uncertainty (or just chasing the next dopamine hit).

Meanwhile, institutional players keep one eye on Jerome Powell and the other on their leverage ratios. Because nothing says ’sound monetary policy’ like crypto markets hanging on every central banker’s whisper.

|Square

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