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Ripple’s XRP Falls Below Critical Support, Bitcoin (BTC) Drops After FOMC: Market Watch


Ripple’s XRP Falls Below Critical Support, Bitcoin (BTC) Drops After FOMC: Market Watch

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The FOMC meeting and Kevin Warsh press conference triggered crypto volatility, pushing BTC down by over $2,000 intraday before it found support. Most altcoins mirrored BTC in the past 24 hours, with ETH dipping below $1,750 and XRP breaching key support at $1.20, highlighting short-term market weakness and risk for crypto adoption and DeFi assets.

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The FOMC meeting and the subsequent Kevin Warsh press conference brought some volatility to the crypto market, with BTC sliding by over two grand from top to bottom before it found support.

Most altcoins have mimicked BTC’s performance in the past 24 hours, with ETH sliding beneath $1,750 and XRP dropping below a key support level at $1.20.

Read the article at CryptoPotato

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$ 63.80K

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In This News

Coins

$ 63.80K

-0.37%

$ 1.79K

-0.27%

$ 1.09

-0.80%

$ 37.63

+5.87%

$ 3.65

+4.82%

Predictions Markets

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View analytics →
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