The crypto markets was sent well into the red in the past 24 hours as the Fed reveals plans to cut balance sheet.
The past 24 hours have been particularly tumultuous throughout the entire cryptocurrency market. The selling pressure also spread out through Wall Street as the Fed revealed plans to reduce its balance sheet.
Altcoins are no exception, as most of them are also well in the red. Ethereum is down 11%, BNB – 9.4%, Solana – 12.4%, and so forth.
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