Bitcoin At $57K, Ethereum Continues Decline, Solana Recovers

Bitcoin slides below $58,000 after the Fed decides to keep rates steady. Bitcoin declined on Thursday after the US Federal Reserve decided to maintain interest rates unchanged and its indication that rate cuts might be delayed. The global cryptocurrency market cap declined by 2.4% to around $2.16 trillion in the last 24 hours. The volume of all stablecoins is now $98.61 billion, which is 92.67% of the total crypto market 24-hour volume. The top crypto prices today witnessed continued declines as the Bitcoin (BTC) price plunged to the $57,000 level. In addition, the Ethereum (ETH) price geared up for a dip below the $2,900 mark, losing hold on a crucial level.

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