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Crypto Markets Tumble Ahead of FOMC Decision—ETF Hype Cools as Traders Brace for Impact
Crypto Markets Tumble Ahead of FOMC Decision—ETF Hype Cools as Traders Brace for Impact
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Bitcoin sheds 5% in pre-FOMC jitters—Wall Street’s latest ’crypto revolution’ looks suspiciously like 2021’s ETF fever.
Key drivers: Fed rate fears collide with fading ETF inflows, proving once again that institutional adoption cuts both ways.
The irony? BlackRock’s paperwork moves markets more than actual blockchain breakthroughs these days.
The crypto market is facing a tough time today. The total global crypto market cap has dropped to $2.92 trillion, showing a 0.77% decrease in the last 24 hours. On the other hand, the total trading volume went up by 14.17%, now standing at $63.45 billion. ... Read More
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