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Crypto

Crypto Majors Consolidate Ahead of Fed Rate Decision

Guavy AI Editorial Team
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BTC ETH XRP
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Crypto majors Bitcoin, Ethereum, and Ripple are consolidating on Wednesday after sharp declines in the previous session.

The failure of the Clarity Act to advance in the Senate on Tuesday led to a decline of over 3% for BTC, 4% for ETH, and 9% for XRP.

The market is now focused on the Federal Reserve's interest rate decision and guidance from Chairman Kevin Warsh, which could be pivotal for the near-term trajectory of these leading cryptocurrencies.

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