Bitcoin traded around $63,900, slipping more than 1 % in the last 24 hours as the crypto market retreated following the Federal Reserve’s signal that U.S. interest rates will continue to rise.
Market Overview
Bitcoin’s decline was mirrored by XRP, Ether (ETH), Binance Coin (BNB) at $590.15, and Solana (SOL), each posting losses that pushed their prices lower across major exchanges. Investors witnessed a broad‑based pullback, with the CoinDesk 20 Index dropping over 1.2 % and the DeFi Select Index falling 5 %, the steepest slide among the tracked benchmarks.
Despite the overall downturn