Key Insights

• The crypto market continued its recent retreat today.
• Top indices like the Nasdaq 100 and S&P 500 fell by over 3%.
• The volatility is continuing after the hawkish Federal Reserve decision.

The crypto market remained under pressure today, with Bitcoin and most altcoins being in the red. The market valuation of all tokens retreated by 4% in the last 24 hours to $2.14 trillion. Similarly, the Nasdaq 100 futures fell by 3%, while those linked to the Dow Jones and S&P 500 retreated by 0.5% and 1.45%, respectively.

Crypto market capitalization chart | Source: CMC

Crypto Market, S&P 500, and Nasdaq 100 Falling as Traders Move to Safety

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