The crypto market saw mixed movements as "Cardano’s ADA and "XRP" led losses, dropping "~4%"

The crypto market saw mixed movements as "Cardano’s ADA" and "XRP" led losses, dropping "~4%', while "Bitcoin (BTC)" held strong above "$94,000". Traders are cautiously awaiting the 'Federal Reserve’s (FOMC) meeting', where interest rates are expected to stay unchanged—but "Fed Chair Powell’s comments" could sway markets.

🔎 Key Market Moves

- Bitcoin ($BTC

): Stable above $94K, showing "low volatility".

- Altcoins: "$ETH

(-1%)", "DOGE (-2%)", but "$BNB

(+1.3%)" bucked the trend.

- "DeFi Tokens Surge:" "AAVE & CRV (+40%)", "Hyperliquid’s HYPE (+72%)" as traders shift to "fundamentals-driven" projects.

💡 Why the Shift?

With "memecoins falling out of favor", traders are turning to "DeFi tokens with real utility and yield opportunities". Analysts say this trend could continue if "Bitcoin remains stable" and macro uncertainty persists.

⚠️ What’s Next?

All eyes are on 'Fed Chair Powell’s speech'—any hints on 'future rate cuts or hikes' could impact crypto. Meanwhile, **trade tensions** and **economic data** remain key factors.

**Stay tuned for more updates!** 🚀

#bitcoin #ADA #xrp #defi #fomc