Major cryptocurrency prices, including Bitcoin, are falling across the board under the impact of the U.S. Federal Reserve (Fed) holding interest rates steady. Bitcoin has fallen to the $75,000 level.
As of 8:30 a.m. on the 30th, on the global coin market site CoinMarketCap, Bitcoin is trading at $75,787, down 0.66% from 24 hours earlier.
Ethereum, the No. 2 by market cap, is down 1.32% and trading at $2,255. XRP (Ripple) is down 0.88% at $1.36, Binance Coin is down 1.02% at $617, and Solana is down 0.93% at $83, respectively.
Some analysts say the continued uncertainty in the market, as the Fed held the benchmark rate unchanged for a third straight time, has fed into the cryptocurrency downturn. The Fed says it will continue making data-based policy decisions until inflation stabilizes at its target level.