Cryptocurrency Market Update

Cryptocurrency News Summary:

Bitcoin has calmed down just above $64,000 after last week's volatility. Altcoins are also less volatile overall, but there are exceptions like Dogecoin, which is up 7%.

BTC, which was $ 69,000 at the beginning of last week, fell below $ 61,000 on Tuesday. There was a decline due to uncertainty before the FOMC meeting and some investors taking profits.

After the US Federal Reserve announced that it would not change its current monetary policy, Bitcoin rose rapidly and crossed $68,000 on Wednesday morning. However, this rally was short-lived and BTC is currently trading around $64,000.

Dogecoin was the best-performing cryptocurrency with a 7% increase and is currently above $0.17. Bitcoin Cash, ICP and OKB also stand out with price increases of up to 8%.

The total cryptocurrency market value is over 2.56 trillion dollars, with a slight decrease on a daily basis.

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