💰 Read News and Earn $USDT · Cryptews — Read to Earn Platform Get Started

Why Did Crypto Crash Today?

1 hour ago 697

The cryptocurrency market experiences a sharp correction following the latest Federal Reserve meeting and interest rate updates.

The post Why Did Crypto Crash Today? appeared first on Coinpedia Fintech News

The cryptocurrency market cap 2.95% in the past 24 hours, reducing its total value to about $2.03 trillion. The crypto market crash was mainly triggered by higher-than-expected U.S. inflation data, which increased expectations that the Federal Reserve could keep interest rates higher for longer. That prompted investors to sell riskier assets, including cryptocurrencies. Persistent outflows …

Read Entire Article

💬 Comments 0

Loading…

Log in to leave a comment.