Crypto Price Today: Bitcoin falls below $25,900; BNB, Shiba Inu rise up to 6%

economictimes.indiatimes.com:

cryptocurrency markets were trading mixed on Wednesday ahead of the Federal Reserve policy meeting which concludes later on in the day. Bitcoin, XRP, and Solana were trading with cuts, while BNB, Polygon, and Shiba Inu were trading with cuts. Bitcoin (BTC) fell 0.88% to $25,881, whereas Ethereum (ETH) was below the $1,750 level. BTC volume stood at approximately $13.02 billion, rising 12.48% in the last 24 hours. «The crypto market remained upbeat as a crypto community is anticipating a breather from continuous rate hikes in today’s FOMC meeting. The crypto market may react sharply to the outcome of the FOMC meeting today as any relaxation in monetary policies will prove beneficial for the financial markets in the long term,» Shivam Thakral, CEO of BuyUcoin, said. The global cryptocurrency market cap was trading lower around $1.06 trillion, falling 0.49% in the last 24 hours.

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The total volume in DeFi is currently $2.05 billion, 6.57% of the total crypto market 24-hour volume. The volume of all stablecoins is now $30.11 billion, which is 96% of the total crypto market 24-hour volume. The market cap of Bitcoin, the world's largest cryptocurrency, was around $502 billion. Bitcoin’s dominance is currently 48%, a decrease of 0.17% over the day, according to CoinMarketCap. «BTC continues to trade above the psychological support at $25k, it is struggling to move above $26k. If BTC keep trading above $25k and