Crypto Slides After Fed Holds Rates in Warsh’s First Meeting

TLDR: The Fed voted 12-0 to hold rates at 3.5–3.75%, but raised inflation forecasts and slowed its rate-cut outlook. Bitcoin fell 2.2% to $64,150 while Ether dropped 3.6%, with XRP and Solana each losing around 3%. The GMCI 30 dropped 2.6%, pushing its year-to-date decline to nearly 36% across the broader market. Warsh ditched Powell’s [...]

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