$XRP

Major cryptocurrency markets are showing a general downward trend, causing unease among investors, especially against the backdrop of heightened market volatility following the Federal Reserve Open Market Committee (FOMC) meeting.

The price of Bitcoin (BTC) experienced a significant decline today, hitting a low of $62,000 at one point. Bitcoin has fallen more than 2% in the past 24 hours and is currently trading steadily around $62,946, with its intraday range ranging from $62,737.42 to $64,455.31. At the same time, Bitcoin’s market dominance dropped slightly, to 56.26%, but its total market value remained at a high of $1.25 trillion.

Ethereum (ETH) was not immune to the decline, with the price slipping by 2% and currently trading at $2,628. In the past 24 hours, Ethereum’s lowest trading price was $2,610.86, while its highest reached $2,701.68. Ethereum’s market capitalization remains at $316.27 billion, but it is worth noting that outflows of up to $79 million, coupled with the selling behavior of the Ethereum Foundation, have combined to put pressure on the price.

Solana (SOL) has also shown some signs of weakness, falling nearly 1% in the past 24 hours and currently trading at $146, with its price range fluctuating between $142.64 and $148.15. Despite this, Solana’s market capitalization remains at $68.68 billion.

The price of XRP has also declined, down nearly 1.5%, and is currently trading at $0.5853. In the past 24 hours, XRP has traded as low as $0.5819 and as high as $0.5952. The total market capitalization of XRP is approximately $33.03 billion. In addition, Ripple recently transferred 200 million XRP, a move that triggered widespread discussion and concern in the market.