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ADA and XRP Stumble as Crypto Markets Hold Breath for Fed’s High-Stakes Decision

ADA and XRP Stumble as Crypto Markets Hold Breath for Fed’s High-Stakes Decision

Author:
CoindeskEN
Published:
2025-05-06 07:08:01
12
2

Cardano’s ADA, XRP Slide as Bitcoin Traders Await ‘Coin-Flip’ FOMC Meeting

Crypto markets hit pause—Cardano’s ADA and Ripple’s XRP bleed out while Bitcoin traders play chicken with the Fed. Everyone’s pretending they’re not glued to Jerome Powell’s every word. Classic.

Subheader: The ‘Wait-and-See’ Gambit

Altcoins take a backseat as BTC volatility flatlines ahead of the FOMC meeting. Whispers of rate cuts? Sure. Actual conviction? Harder to find than a banker who understands DeFi.

Subheader: The Cynic’s Corner

Wall Street’s ‘coin-flip’ analogy is cute—as if the Fed hasn’t already rigged the game. Meanwhile, crypto keeps its poker face, hedging bets on regulatory theater and the occasional liquidity pump.

|Square

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