Bitcoin falls below $25,900, while BNB and Shiba Inu climb by up to 6%
On Wednesday, cryptocurrency markets were trading mixed ahead of the Federal Reserve policy meeting, which concludes later in the day. Bitcoin, XRP, and Solana were all trading lower, while BNB, Polygon, and Shiba Inu were all trading lower. Bitcoin (BTC) declined 0.88% to $25,881, while Ethereum (ETH) plummeted below $1,750. BTC volume was over $13.02 billion, up 12.48% in the last 24 hours. The crypto market remained cheerful, as the crypto community anticipates a break from the Fed's continual rate hikes during today's meeting. The cryptocurrency market may react strongly to the outcome of the FOMC meeting today, as any easing of monetary policy will benefit financial markets in the long run. The worldwide cryptocurrency market cap was trading around $1.06 trillion lower, down 0.49% in the last 24 hours. The overall volume in DeFi is currently $2.05 billion, accounting for 6.57% of the entire 24-hour volume in the crypto market. The entire volume of all stablecoins is now $30.11 billion, accounting for 96% of the total 24-hour volume of the crypto market. Bitcoin, the world's largest cryptocurrency, had a market cap of roughly $502 billion. According to CoinMarketCap, Bitcoin currently has a 48% market share, a 0.17% fall from the previous day. BTC is still trading above the psychological support level of $25k, but it is battling to rise above $26k. If BTC remains over $25k and global market value remains above $1 trillion, we should witness a rally in crypto markets soon. Breaking those levels, on the other hand, can send the markets into a tailspin. Bitcoin Price Today | $25,881 Ethereum Price Today | $1,740 Tether Price Today | $1.00 BNB Price Today | $248 XRP Price Today | $0.512 Cardano Price Today | $0.2745 Dogecoin Price Today | $0.0618 Polygon Price Today | $0.6481 Solana Price Today | $15.12 Litecoin Price Today | $77.61 Polkadot Price Today | $4.63 Tron Price Today | $0.07227 Avalanche Price Today | $11.82 Shiba Inu Price Today | $0.000006806
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