Federal Reserve Holds Rates as Bitcoin, Ethereum and XRP Crash: What the FOMC Decision Means for Crypto

The post Federal Reserve Holds Rates as Bitcoin, Ethereum and XRP Crash: What the FOMC Decision Means for Crypto appeared first on Coinpedia Fintech News The Federal Reserve held interest rates steady at 3.5% to 3.75% on Tuesday, delivering exactly what markets expected but offering little of the comfort traders were hoping for. Bitcoin fell 4% to $71,417. Ethereum dropped 6.48%. XRP lost 3.66%. The total crypto market shed $2.44 trillion in value as a cascade of macro, geopolitical, and …