Why is Crypto Down Today? June 23rd

The cryptocurrency market experiences a sharp correction following the latest Federal Reserve meeting and interest rate updates.

The post Why is Crypto Down Today? June 23rd appeared first on Coinpedia Fintech News

The crypto market fell 2.68% over the past 24 hours, reducing total market capitalization to approximately $2.14 trillion. The primary driver is renewed macroeconomic pressure, as investors react to uncertainty around Federal Reserve policy and a stronger U.S. dollar, prompting a broad selloff in risk assets. The decline was intensified by a liquidation cascade, with …

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