BTCC
/
BTCC Square
/
Global Cryptocurrency
/
Crypto Market Down Today: FOMC Meeting and ETF News Sparks Fear
Crypto Market Down Today: FOMC Meeting and ETF News Sparks Fear
12
2
The cryptocurrency market faces downward pressure as global capitalization slips 0.77% to $2.92 trillion. Trading volumes tell a contrasting story, surging 14.17% to $63.45 billion—a sign of heightened activity amid the selloff.
Market participants attribute the weakness to macroeconomic jitters ahead of the FOMC meeting and regulatory uncertainty surrounding ETF approvals. The divergence between declining prices and rising volumes suggests a battle between opportunistic accumulation and risk-off sentiment.
By:
Previous
Nomad Hack Suspect Extradited to U.S. Over $190 Million Crypto Theft
Next
BRICS Alliance Seeks Expansion as Two New Countries Apply Ahead of 2025 Summit
