Bitcoin, Ethereum, XRP, Dogecoin On A Knife’s Edge Ahead Of Wednesday’s Federal Reserve Decision
Posted On May 6, 2025
Cryptocurrency markets are anxiously anticipating Wednesday’s Federal Reserve interest rate decision, with the fear and greed index in neutral territory at 50.
| Cryptocurrency | Price | 24-Hour Performance |
| Bitcoin (CRYPTO: BTC) | $94,334 | +0.5% |
| Ethereum (CRYPTO: ETH) | $1,774 | -1.6% |
| Solana (CRYPTO: SOL) | $143.46 | -0.7% |
| XRP (CRYPTO: XRP) | $2.11 | -1.0% |
| Dogecoin (CRYPTO: DOGE) | $0.1674 | -1.6% |
| Shiba Inu (CRYPTO: SHIB) | $0.00001255 | -0.7% |
Notable Statistics:
- IntoTheBlock data shows Bitcoin and Ethereum large transaction volume up by around 64% each in a single day.
- Crypto chart analyst Ali Martinez noted almost $19 billion in capital inflows into crypto ETFs during the last 30 days.
- Martinez also pointed to whales offloading 50,000 BTC in past ten days, implying profit-taking at current levels.
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