BTC Slips To $63K Post FOMC, Altcoins Mirror Downtrend

The crypto prices today have embarked upon a concerning bearish trajectory following the recent U.S. FOMC meeting wherein the Federal Reserve kept interest rates unchanged at 5.25%-5.50%. Bitcoin price appears to have encountered significant selling pressure with the July 31 FOMC meeting conclusion. At press time, BTC rested at $63,977.60. The ETH price tumbled 3.47% in the past 24 hours to reach $3,180.86. The SOL price witnessed a 6.99% dip in value today, reaching $167.45. Dogecoin price slipped 3.33% over the past day to reach $0.1212 as of writing. Shiba Inu’s price fell 2.45% to $0.00001594 in the interim.

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