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Crypto markets slide after Fed decision as Powell warns inflation risks persist

Crypto markets slide after Fed decision as Powell warns inflation risks persist

Crypto markets turned sharply lower following the Federal Reserve’s latest policy decision, with major assets posting broad losses as investors reacted to a more cautious macro outlook.

Data from TradingView’s heatmap showed widespread selling pressure across the market, with large-cap tokens leading the decline.

Bitcoin fell over 5%, while Ethereum dropped more than 6%, reflecting heightened sensitivity to macro signals. XRP declined by around 5.3%. Solana slipped 5.7%, and BNB recorded a more modest 3.7% loss.

Crypto market heatmapCrypto market heatmap
Source: TradingView

The sell-off extended across altcoins, with only a handful of assets showing resilience, underscoring a broad risk-off move rather than isolated weakness.

Powell’s tone dampens rate cut expectations

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