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Crypto Market Retreats as Traders Brace for Fed Minutes and Geopolitical Tensions — BigGo Finance

Crypto Market Retreats as Traders Brace for Fed Minutes and Geopolitical Tensions — BigGo Finance

Major digital assets pulled back on Tuesday as investors reduced exposure ahead of the Federal Reserve’s September meeting minutes, with escalating military conflict in the Middle East adding another layer of pressure to an already cautious market.

The total cryptocurrency market capitalization fell 1.77% to $2.86 trillion. Bitcoin declined 1.45% to $84,272, while Ethereum dropped 3.03% to $2,618. XRP lost 1.98% to trade at $1.47, and Solana slipped 0.89% to $118.80. Dogecoin also moved lower in tandem with the broader market.

The pullback reflects the familiar pattern of traders trimming positions before scheduled macroeconomic releases. The minutes from the Fed’s September 15-16 meeting are expected to provide detail on the internal…

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