Cryptocurrency prices today: alternative currencies in a limited range, and the Fed's hawkish statements are putting pressure
Cryptocurrency prices were also largely in a limited range on Friday, continuing their lackluster performance after hawkish statements from the Fed raised some concerns in speculative assets earlier this week.
The second-largest cryptocurrency globally, Ether, remained stable at $2,520.12, while XRP fell by 0.2% to $2.1519.
Solana rose by 0.2%, while Cardano dropped by 0.9%. Among meme coins, Dogecoin declined by 1.1%, while $TRUMP fell by 1.6%.
The Federal Reserve kept interest rates unchanged earlier this week, as expected. However, the central bank provided a non-committal stance on any potential interest rate cuts, also warning that persistent inflation is likely to hinder any future easing.
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