Bitcoin and other popular cryptocurrencies experienced a significant drop in value on Thursday following the release of the US Fed meeting minutes, which lowered investor optimism and warned of potential rate hikes.
Bitcoin's price remained below $30,000 at $26,262.66, down by over 8% since the previous day. Other altcoins such as Dogecoin, Ripple, Litecoin, and Solana also saw losses. The global crypto market cap stands at $1.05 trillion, with the majority of cryptocurrencies experiencing a bearish trend.
All Comments