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Crypto market update and top 10 coins by CoinMarket:
Top coins are
#OfficialTrumpCoin
,
$BTC
,
$SOL
,
$ETH
etc.
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$BTC
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#Bitcoin and other cryptocurrencies dropped after the Federal Reserve's rate reduction and Chairman Powell's remarks on upcoming rate choices. Significant cryptocurrencies faced declines, with $BTC decreasing nearly 3% to about $110,830, Ethereum falling 4.6%, and Dogecoin dropping nearly 4%. #Bitcoin BTCUSD -1.48% and various other cryptocurrencies declined on Wednesday as investors concentrated on the Federal Reserve, U.S.-China trade discussions and upcoming earnings reports. #Bitcoin's price decreased by nearly 3% in the last 24 hours, reaching approximately $110,830. Numerous major altcoins were declining: #Ethereum $ETH ETHUSD -2.14% declined 4.6%, $XRP XRPUSD -2.71% fell 2.3%, and Solana decreased by 2.9%. Dogecoin DOGEUSD -4.16%, emecoin, decreased by almost 4%.
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The #Ethereum✅ Foundation has introduced a fresh website which will steer more institutions toward assisting them by presenting clear avenues for firms to transition from conventional finance to the Ethereum ecosystem - $ETH . Ethereum Foundation launched "institutions.ethereum.org," created by its Enterprise Acceleration team to market the network and enable businesses in Ethereum adoption. "#Ethereum is the neutral, secure foundation on which global financial value is being brought on-chain." The platform further shows links to data demonstrating that Ethereum holds 75% of the $RWA market share, 65% of the total value locked in DeFi, and 60% of the overall stablecoin TVL.
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The Market today: $BTC $BNB $ETH
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#Bitcoin remained at about $113,000 during Wednesday afternoon Asia trading as investors cautiously awaited this week's Federal Reserve policy announcement, with low liquidity and a strengthening dollar weighing on sentiment in risk assets. The world's largest digital token was 4.5% higher over the past week but 0.7% lower in the previous 24 hours, mirroring small declines in leading tokens. #Ether ($ETH ) was at $4,028, down 1.4%, with #Solana's $SOL and BNB #Binance losing roughly 2%. $XRP was slightly above at $2.62, continuing a solid seven-day advance as investors poured into high-volume tokens.
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