During Asian trading hours on Wednesday, Bitcoin (CRYPTO: BTC) reached a three-week low, dropping to $21,871, while Ethereum (CRYPTO: ETH), the second-largest cryptocurrency, nearly tested Tuesday’s low of $1,535. This drop was spurred by U.S. Federal Reserve Chair Jerome Powell’s hawkish testimony to Congress, which led traders to price in a higher “terminal rate.
You missed
BTC/USD$ 98,508.39 0.87%
ETH/USD$ 3,336.78 6.44%
USDT/USD$ 1.00 0.01%
SOL/USD$ 258.45 6.78%
BNB/USD$ 627.01 2.82%
XRP/USD$ 1.40 24.56%
DOGE/USD$ 0.387528 1.23%
USDC/USD$ 1.00 0.05%
STETH/USD$ 3,334.95 6.30%
ADA/USD$ 0.863827 10.81%
TRX/USD$ 0.198632 0.25%
AVAX/USD$ 37.02 9.80%
SHIB/USD$ 0.000025 3.83%
WBTC/USD$ 98,254.33 0.79%
WSTETH/USD$ 3,955.60 6.33%
TON/USD$ 5.50 0.96%
SUI/USD$ 3.54 3.41%
BCH/USD$ 488.05 5.59%
WETH/USD$ 3,335.31 6.23%
LINK/USD$ 15.15 4.91%
PEPE/USD$ 0.000021 10.74%
DOT/USD$ 6.06 7.93%
XLM/USD$ 0.284655 18.02%
LEO/USD$ 8.69 1.59%
NEAR/USD$ 5.65 4.39%
LTC/USD$ 90.08 0.66%
APT/USD$ 11.89 3.68%
WEETH/USD$ 3,513.11 6.30%
UNI/USD$ 9.40 7.58%
HBAR/USD$ 0.137019 12.16%
CRO/USD$ 0.193249 10.05%
USDS/USD$ 0.998449 0.28%
ICP/USD$ 9.61 8.21%
ETC/USD$ 27.84 4.93%
BONK/USD$ 0.000052 1.23%
KAS/USD$ 0.150123 0.19%
RENDER/USD$ 7.28 0.95%
USDE/USD$ 1.00 0.01%
TAO/USD$ 496.98 6.89%
POL/USD$ 0.459787 6.40%
WBT/USD$ 24.78 2.45%
DAI/USD$ 1.00 0.01%
OM/USD$ 3.70 4.83%
FET/USD$ 1.26 4.06%
WIF/USD$ 3.29 7.11%
ARB/USD$ 0.781398 12.57%
XMR/USD$ 159.26 1.45%
STX/USD$ 1.92 1.47%
MNT/USD$ 0.844907 9.79%
FIL/USD$ 4.60 3.36%