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Where are BTC, ETH and XRP heading ahead Fed rate decision?

Where are BTC, ETH and XRP heading ahead Fed rate decision?

Cryptocurrency prices are broadly stable on Wednesday ahead of the Federal Reserve (Fed) interest rate decision. Bitcoin (BTC) holds above $64,000 but is struggling to sustain its rebound while Ethereum (ETH) sits above the short-term $1,900 support. Meanwhile, Ripple (XRP) is approaching the pivotal $1.10 resistance, a level that could shape the token’s upward trajectory if it is breached.

Focus shifts to Fed as crypto market stabilizes

Crypto market participants are stuck in risk-averse mode ahead of the Fed interest rate decision. The Federal Open Market Committee (FOMC) is widely expected to leave interest rates unchanged in the 3.50%-3.75% range. However, the CME FedWatch tool shows that investors are pricing in a 30% chance of a…

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