News Formal

Bitcoin Slips Below $28K Ahead of This Week's FOMC Meeting: Market Watch

  • 📰 Crypto_Potato
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

The total crypto market cap has seen $30 billion gone in a day.

In fact, prominent billionaires, such as Elon Musk and Bill Ackman,

the Fed should revert from its current monetary strategy and even decrease the rates by up to half a point.Most altcoins registered notable gains in the past week or so, but there’re some big retracements charted on a daily scale now. Ethereum has further distanced itself from $1,800 after another 2.3% drop. Binance Coin is back at $330 following a 1.5% decline.

More losses come from the likes of MATIC, DOGE, SOL, DOT, SHIB, LTC, and AVAX. The landscape with the mid-cap alts is no different, with CRO, ICP, GRT, APE, VET, FIL, APT, and others dumping by up to 8% in a day. As such, it’s no surprise that the overall crypto market cap has declined by just over $30 billion in a day and is down to $1.150 trillion.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 568. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin mining report: March 20 Bitcoin mining stocks rose on Monday.Bitcoin mining stocks were mostly higher on Monday. Bitcoin mining stocks tracked by The Block were mixed on Monday.
Source: TheBlock__ - 🏆 464. / 53 Read more »