The cryptocurrency market moved lower after the U.S. Federal Reserve signaled that interest rates could remain higher for longer, dampening investor sentiment across digital assets. Bitcoin (BTC), the worlds largest cryptocurrency by market capitalization, traded near $63,900, marking a decline of more than 1% over the past 24 hours. Major altcoins, including Ethereum (ETH), XRP, BNB, and Solana (SOL), also recorded similar losses. Broader market benchmarks reflected the weakness. The CoinDesk 20 Index (CD20) slipped over 1.2%, while the DeFi Select Index (DFX) posted a steeper 5% decline,… Read more
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