Bitcoin?s rally lost momentum overnight after Fed Chair Jerome Powell announced the Fed?s will take aggressive action to tackle rising inflation in the US.

Following the news, the price of Bitcoin fell 2.73%.

Ox Protocol has announced it will power Coinbase?s NFT marketplace using Ox?s ?powerful multi-chain NFT swap support? in addition to up to 54% more gas efficiency.

Following the news, Ox Protocol?s token ZRX jumped 47%.

Decred continues to rally alongside other privacy-centric tokens as investors pile into this class of digital currencies that rely on cryptography tools to cloud the wallet addresses of receivers and senders of AECs, in anticipation of potential bannings of such privacy coins.

Decred is up 19.05% in the last 24-hours.