Bitcoin Falls Below $27,000 Following Fed Decision; Toncoin Becomes Top Loser
Portfolio Pulse from Lisa Levin
Bitcoin and Ethereum traded lower following the U.S. Federal Reserve's decision to maintain the federal funds rate. The global crypto market cap fell to $1.06 trillion, recording a 24-hour decline of 1.4%. Immutable was the top gainer, while Toncoin was the biggest loser.
September 21, 2023 | 1:42 pm
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POSITIVE IMPACT
Immutable was the top gainer over the prior 24 hours.
Despite the overall decline in the crypto market, Immutable has emerged as the top gainer.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100
NEGATIVE IMPACT
Bitcoin traded lower, with prices below $27,000.
The decision by the Federal Reserve to maintain the federal funds rate has led to a decrease in Bitcoin prices.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Ethereum traded lower, with prices above $1,600.
The decision by the Federal Reserve to maintain the federal funds rate has led to a decrease in Ethereum prices.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Toncoin was the biggest loser over the prior 24 hours.
Despite the overall decline in the crypto market, Toncoin has recorded the biggest loss.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100