#FOMCMeeting

Cryptocurrencies are experiencing significant volatility amid geopolitical pressures... awaiting the Federal Reserve's statement

Uncertainty continues to loom over global markets, with cryptocurrencies trading in a narrow range ahead of this week's U.S. Federal Reserve meeting. While stocks managed to regain some balance briefly on Monday, cryptocurrency markets maintained a defensive stance after the liquidation of $1.2 billion in futures contracts on Friday, which led to the elimination of highly leveraged long positions and caused a sharp decline in alternative coins over the weekend.