Crypto prices today: Bitcoin falls below $94k ahead of Fed decision
The crypto market traded lower on Monday as investors awaited the US Federal Reserve‘s interest rate decision later this week. Bitcoin slipped 1.4% to $94,587 as of 12:01 PM IST, after touching an intraday high of $96,089. Ethereum fell 1.5% to $1,815, while the global crypto market cap dipped 1.05% to $2.95 trillion.
Altcoins also faced selling pressure, with Shiba Inu, Dogecoin, and Cardano all down over 1%. XRP fell 1.4%, BNB 1%, Toncoin 1.7%, and Hedera 1.4%.
Bitcoin’s market cap dropped to $1.879 trillion, with its dominance easing to 63.69%. Meanwhile, daily crypto trading volume rose 31.6% to $21.52 billion, largely led by stablecoins, which accounted for over 91% of activity.
Crypto Tracker
“Bitcoin is again in the consolidation…
