Crypto Market Pauses Ahead of Fed Decision
The crypto market experienced a mild retreat on Friday, as major cryptocurrencies like Dogecoin and ether dipped in value. Dogecoin fell by 4.5%, while ether dropped by 2.5%. Bitcoin remained relatively stable, down only 0.6% to around $65,400.
Despite the pullback, most major cryptocurrencies are still up for the week, suggesting a temporary pause rather than a reversal. Investors may be consolidating positions ahead of the upcoming Federal Reserve decision, which could impact market sentiment.