Bitcoin has just dropped to the mark of 117,900 USD, indicating the cautious sentiment of the market ahead of the Federal Reserve's interest rate decision and concerns about tariff policies from former President Donald Trump.
Despite the US-EU trade agreement, many major economies still face high tariffs, putting pressure on speculative assets like cryptocurrencies.
Meanwhile, MicroStrategy continues to show strong confidence in Bitcoin by raising 2.5 billion USD to purchase an additional 21,021 BTC, bringing the total holdings to 628,791 BTC. Major altcoins like Ether, XRP, Solana, Cardano, and Dogecoin also slightly decreased in line with Bitcoin's trend.
Today's cryptocurrency prices: altcoins slightly decreased alongside Bitcoin
Cryptocurrency prices in general largely decreased along with Bitcoin, also witnessing some profit-taking activities after a strong increase in July.
The second largest cryptocurrency in the world $ETH stabilized at 3,807.44 USD, while $XRP decreased by 0.6% to 3.1290 USD.
$SOL decreased by 2.1%, while Cardano decreased by 1.6%.
Among meme tokens, Dogecoin decreased by 2.2%, while $TRUMP decreased by 2.6%.
