Bitcoin (BTC) Update:
Bitcoin's price has been volatile ahead of the Federal Open Market Committee (FOMC) meeting dipping as low as $59,500 on Binance . Market participants are bracing for a hawkish stance from the Federal Reserve with expectations set for unchanged interest rates. The probability of no interest rate cuts this year has increased to 36% .
Binance Coin (BNB) :
Binance Coin's market cap is one of the largest on the market with over $81 billion at the time of writing .BNB's price is supported by the large number of businesses accepting the coin as a form of payment.
Ethereum (ETH) :
Update Ethereum's price has also been affected by market uncertainty, with some analysts predicting a 30% correction before a potential rally . Ethereum's market cap is around $290 billion, with a circulating supply of over 120 million ETH . The Ethereum network has undergone significant upgrades, including the transition to a Proof-of-Stake consensus mechanism, which has reduced energy consumption by 99.95% Please note that cryptocurrency prices can fluctuate rapidly and may be affected by various factors including market sentiment regulatory developments and global events.
(BTC)
- Price: $26,411.60
- 24h Change: -2.15%
- Market Cap: $513.8B
Coin (BNB)
- Price: $338.50
- 24h Change: -1.57%
- Market Cap: $81.2B
(ETH)
- Price: $1,934.10
- 24h Change: -2.51%
- Market Cap: $290.5B
Trend Analysis:
- Bitcoin (BTC): Volatile awaiting FOMC meeting outcome
- Binance Coin (BNB): Stable supported by wide adoption
- Ethereum (ETH): Correcting potential rally after FOMC meeting
Additional Insights:
- Global cryptocurrency market cap: $1.23T
- 24h Trading Volume: $133.4B
- Top gainers/losers: Check cryptocurrency charts for real-time data
