Crypto prices remained mostly flat after the market opened on Wednesday, as traders await the Federal Reserve’s interest rate decision and comments from the subsequent press conference this afternoon.
Bitcoin fell 0.1% to $23,136 around 9:50 a.m. EST, according to TradingView data.
Ether also declined 0.1% to around $1,588. BNB declined 0.8%, while Cardano’s ADA rose 1.2%. Polygon’s MATIC was down 1.5% in the past 24 hours after rising yesterday.
Dog-themed meme coins declined slightly, with Dogecoin and Shiba Inu down 1.8% and 1%, respectively.
Crypto stocks
Silvergate shares rose 1.8% to around $14 by 9:50 a.m., according to Nasdaq data, rising alongside most other crypto stocks.
Jack Dorsey’s Block declined 0.1% to trade around $81, while MicroStrategy declined 0.1%. Coinbase was also down, falling by 0.1%.
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Source: https://www.theblock.co/post/207535/market-trades-flat-ahead-of-feds-interest-rate-decision?utm_source=rss&utm_medium=rss