Sideways movement in crypto markets continues as investors sweat over today’s interest rate announcement

Published by
City AM

By Darren Parkin Most of the large-cap cryptocurrencies continue to trade sideways this morning, as Bitcoin remains virtually unchanged around $20,415 and Ethereum at $1,550. Solana and Cardano have taken a slight knock in the last 24 hours, with Solana down 3.12% at $31.83, and Cardano trading for $0.3994, down by 2.9% over the course of a day. The lacklustre market action is likely due to investors waiting for the Fed’s rate hike announcement set for later today, which will no doubt move the needle one way or the other. The big question is whether Bitcoin and the rest of the crypto market wi…

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