Crypto market dips amid trade war fears ahead of FOMC decision and earnings
The crypto market dipped while the Fear and Greed Index remained in the fear zone amid renewed trade war fears and as traders waited for key corporate earnings and the Federal Reserve decision.
Summary
- The crypto market retreated as trade risks emerged
- Trump warned that he would implement a 100% tariff on Canadian goods.
- Cryptocurrencies will also react to the upcoming Federal Reserve interest rate decision.
Crypto market dips amid trade war fears
Bitcoin (BTC) and most altcoins retreated during the weekend. BTC moved to $88,700, while Ethereum (ETH) dropped to $2,930. Other top altcoins like Dogecoin and Solana also dropped by over 1%.
The ongoing retreat…
