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Bitcoin Slipped Below $28K Ahead of FOMC Meeting: Market Watch

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The crypto market has turned red once again, with another $20 billion gone from the total market cap.

The altcoins are in no better shape, as even yesterday’s notable gainer – BNB – has turned red today.Bitcoin experienced massive volatility last week that drove it from $27,000 to a multi-day high of $30,000 in hours. However, the leg-up was followed by immediate and similarly violent rejection that brought it back down to the starting price.

, in which the Federal Reserve is expected to raise the interest rates once again. As such, more volatility is likely to occur tomorrow.The altcoins suffered yesterday, and today’s picture is not that different. Ethereum stood above $1,900 until Sunday evening but now struggles to remain north of $1,800 after another minor daily decline.

 

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Bitcoin Extends Dominance Over Alts as BTC Stable Above $29K: Market WatchAs the week and the month come to an end, BTC stands above $29,000, while ETH is at $1,900.
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