Crypto Market Slips Amid Fed Uncertainty and Trade Tensions

The cryptocurrency market remained volatile on Friday, as investor sentiment continued to dampen, following a week of tariff tensions and uncertainty surrounding the U.S. Federal Reserve’s next moves. Bitcoin (BTC) dropped 0.4% over the past 24 hours, trading at around $84,450, while Ethereum (ETH) remained similarly flat on the day, trading at $1,585. Meanwhile, XRP and SOL both decreased by a mild 1% and are currently trading at $2.06 and $133, respectively. The total cryptocurrency market capitalization fell by 1.7% on the day to $2.75 trillion, according to CoinGecko . Over the past 24 hours, leveraged liquidations reached $92.44 million, per data from CoinGlass . Bitcoin accounted for $15 million, followed by Ethereum with approximately $14 million. Altcoins made up around $12 million in liquidations. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Source: The Defiant