Crypto markets are in decline after Fed Chair Jerome Powell highlighted ongoing inflation risks, causing uncertainty and volatility across major assets.
U.S. crypto trading volume has surged to 15%, reflecting increasing investor interest and optimism as market confidence steadily rebounds.
The Federal Reserve maintains its key interest rate at 3.5% to 3.75%, reflecting a cautious stance while monitoring economic growth and inflation trends.
The Federal Reserve has opted to keep interest rates unchanged, as inflation pressures are expected to persist longer, affecting economic stability and growth.
As Bitcoin longs exceed $73,000, traders speculate about a potential short squeeze amid uncertainties from the upcoming FOMC meeting and market volatility.
Kraken has delayed its IPO due to challenging market conditions, allowing more time for strategy reassessment in the competitive crypto landscape.
FTX is distributing $2.2 billion to creditors on March 31, aiding their recovery and furthering its restructuring process amid ongoing challenges in thecrypto.