Cryptocurrency prices broadly decline as investors show caution toward risk assets ahead of the Federal Reserve’s (Fed) interest rate decision on Wednesday. Bitcoin (BTC) holds around $65,000 after correcting from its Monday high of $67,292. Altcoins, including Ethereum (ETH) and Ripple (XRP), are generally mirroring Bitcoin’s slide, trading below $1,800 and $1.20, respectively.

Bitcoin, Ethereum, XRP falter as markets price in a Fed rate hold

Crypto participants remain cautious ahead of the Fed’s monetary policy decision, which is generally expected to leave interest rates unchanged. Investors are pricing in a near-100 % chance that the Federal Open Market Committee (FOMC) will hold rates in the 3.50%-3.75% range.

The announcement…