Crypto Market Dips as Fed Remarks Spark Volatility

The cryptocurrency market recorded volatility on Thursday, following the release of U.S. inflation data and remarks from Federal Reserve Chair Jerome Powell, which fueled uncertainty around interest rates. Bitcoin (BTC) held steady near $103,500 while Ethereum (ETH) decreased 1.2% over the past 24 hours to $2,560. Meanwhile, Solana (SOL) recorded a larger decrease of 3% to $171 as XRP dropped around 4% to $2.46, according to CoinGecko . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Source: The Defiant