Crypto Market Trades Flat as Fed Keeps Rates Unchanged
BTC and ETH hold steady at $104,000 and 2,500, respectively, despite geopolitical tensions and surging liquidations.
The cryptocurrency market saw little movement on Wednesday as the U.S. Federal Reserve held interest rates steady, as expected.
Bitcoin (BTC) is flat at around $104,000, while Ethereum (ETH) is up 0.7% to $2,488. XRP is holding steady at $2.15, and Solana (SOL) is down nearly 1% to $145.
The total cryptocurrency market capitalization dropped by 2% on the day to $3.35 trillion, while leveraged liquidations totaled $224 million, according to CoinGlass. ETH accounted for $67 million, while BTC followed with $45 million. Altcoins contributed to nearly $35 million in liquidations.
U.S. spot Bitcoin exchange-traded funds…
