Federal Reserve Holds Rates as Bitcoin, Ethereum and XRP Crash: What the FOMC Decision Means for Crypto
The Federal Reserve held interest rates steady at 3. 5% to 3. 75% on Tuesday, delivering exactly what markets expected but offering little of the comfort traders were hoping for. Bitcoin fell 4% to $71,417. Ethereum dropped 6. 48%. XRP lost 3. 66%. The total crypto market shed $2. 44 trillion in value as a cascade of macro, geopolitical, and …
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