Major cryptocurrencies fell on Wednesday, after the Federal Reserve kept interest rates unchanged at the end of its two-day June meeting, but senior officials suggested another 50 basis points of rate hikes remain on the table, if inflation doesn’t slow faster.
Bitcoin BTCUSD dropped 3% over the past 24 hours to around $25,068 on Wednesday, according to CoinDesk data. The cryptocurrency gained more than 56% so far this year, but is still down more than 60% from its peak in 2021.
Ether…
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