The crypto market slipped a day after the Federal Reserve raised expectations that U.S. interest rates are headed higher.
Bitcoin , the largest cryptocurrency by market capitalization, was changing hands near $63,900, down more than 1% over the past 24 hours. Other major tokens, including XRP (XRP), ether (ETH), BNB coin and solana (SOL), posted similar losses.
The CoinDesk 20 Index (CD20) fell more than 1.2% in the same period. The DeFi Select Index (DFX) slid 5%, the largest drop among all the CoinDesk benchmarks.
Still, there were pockets of strength. For instance, Provenance Blockchain’s HASH token surged 15%, alongside a gain of almost 10% gain in Stellar’s lumen (XLM).
“Sentiment is washed out, the fear…
