Trust Wallet (TWT) up 7% as crypto market tumbles TrustWallet Crypto $TWT TWT
, Trust Wallet's TWT token ranked among the top 10 purchased tokens for the 1,000 biggest BSC whales in the last 24 hours.The crypto market slid on Monday as traders awaited a slew of economic data releases scheduled for later this week. These releases will offer information on how the U.S. economy is doing in the face of high interest rates and inflation.
The Fed will continue to hike interest rates in the upcoming months, although at a slower rate, according to the minutes from its November meeting, which were published last week. Investors are becoming increasingly concerned that the rapidity of rate increases might cause a recession in the United States.
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