Crypto markets deepened their losses on Thursday after the Federal Reserve left interest rates unchanged and raised its 2026 inflation forecast yesterday, compounding a selloff triggered by hotter-than-expected wholesale inflation.
Bitcoin (BTC) is trading at around $70,000, down 1.3% over the past 24 hours. ETH and SOL fell 2% to $2,135 and $88.5, respectively. Meanwhile, Ripple (XRP) slipped 1%.
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