Bitcoin, Ethereum, XRP, Dogecoin Slip Ahead Of Fed Rate Cut Decision: Analyst Predicts ‘Short-Term Dip’ For ETH Before $10,000 Move
Leading cryptocurrencies fell on Sunday, while stock futures rose, as investors awaited the Federal Reserve’s decision on rate cuts.
| Cryptocurrency | Gains +/- | Price (Recorded at 9:25 p.m. ET) |
|---|---|---|
| Bitcoin (CRYPTO: BTC) | -0.55% | $115,192.80 |
| Ethereum (CRYPTO: ETH) |
-1.13% | $4,604.27 |
| XRP (CRYPTO: XRP) | -2.20% | $3.02 |
| Solana (CRYPTO: SOL) | -1.21% | $240.26 |
| Dogecoin (CRYPTO: DOGE) | -2.18% | $0.2761 |
Bitcoin, Ethereum Record Steady September
Bitcoin plunged below $115,000 overnight, having topped $116,000 earlier in the day. Trading activity remained tepid throughout the day.
Ethereum wiggled in the range between $4,580 and $4,680, even as the coin’s trading volume dived 16% in the 24-hour period.
The two blue-chip cryptocurrencies have had a steady September, with Bitcoin up 6.2% and Ether up 4.95%.
Over $277 million was liquidated from the cryptocurrency market in the last 24 hours, with $195 million in bullish long bets wiped out.
Meanwhile, Bitcoin’s open interest dropped 1.11% in the last 24 hours to $82.90 billion. Over 50% of Binance futures traders with open BTC positions were long as of this writing.
The market sentiment switched back to “Neutral,” according to the Crypto Fear …
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