Cryptocurrencies decline as markets await US interest rate decision
Cryptocurrency prices declined during Wednesday's trading session as markets awaited the Federal Reserve's monetary policy decision.
Bitcoin fell 0.6% to $92,582.29 at 12:21 PM Mecca time, accounting for approximately 58.5% of the total cryptocurrency market capitalization.
Ethereum, the second-largest cryptocurrency by market capitalization, declined 0.35% to $3,317.06, while Ripple dropped 1.15% to $2.0739.
The global cryptocurrency market capitalization stands at $3.16 trillion, with total trading volume over the past 24 hours reaching approximately $147.13 billion, according to CoinMarketCap data.
Bitcoin exchange-traded funds (ETFs) in the US attracted investments of around $152 million on Tuesday, while Ethereum funds saw inflows of nearly $178 million, the highest daily level since late October, according to Crypto Briefing.
2025-12-10