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 $1,535. This drop was spurred by U.S. Federal Reserve Chair Jerome Powell’s hawkish testimony to Congress, which led traders to price in a higher “terminal rate.
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BTC/USD$ 68,551.37 2.21%
ETH/USD$ 2,538.54 2.83%
USDT/USD$ 1.00 0.13%
BNB/USD$ 594.10 2.03%
SOL/USD$ 177.65 2.01%
USDC/USD$ 1.00 0.05%
XRP/USD$ 0.519217 1.49%
STETH/USD$ 2,533.77 2.68%
DOGE/USD$ 0.144076 4.98%
TRX/USD$ 0.164082 0.83%
TON/USD$ 5.00 1.22%
ADA/USD$ 0.337953 1.65%
WSTETH/USD$ 2,976.79 1.81%
AVAX/USD$ 26.07 2.69%
SHIB/USD$ 0.000017 1.03%
WBTC/USD$ 68,451.34 2.17%
WETH/USD$ 2,540.09 2.86%
BCH/USD$ 352.87 1.28%
LINK/USD$ 11.10 2.06%
DOT/USD$ 4.21 4.82%
USDS/USD$ 1.01 1.08%
LEO/USD$ 6.01 0.87%
LTC/USD$ 71.35 2.90%
NEAR/USD$ 4.25 1.18%
SUI/USD$ 1.73 3.56%
APT/USD$ 9.15 0.25%
WEETH/USD$ 2,667.61 2.74%
UNI/USD$ 7.52 0.84%
TAO/USD$ 514.98 3.00%
PEPE/USD$ 0.000009 0.15%
ICP/USD$ 7.85 1.50%
FET/USD$ 1.27 2.94%
DAI/USD$ 1.00 0.19%
KAS/USD$ 0.121328 1.52%
XMR/USD$ 163.81 1.94%
XLM/USD$ 0.093843 0.38%
ETC/USD$ 18.44 1.95%
WBT/USD$ 18.58 0.29%
STX/USD$ 1.76 4.33%
USDE/USD$ 1.00 0.16%
FDUSD/USD$ 1.00 0.13%
POL/USD$ 0.32838 0.61%
WIF/USD$ 2.44 2.27%
OKB/USD$ 38.99 0.43%
AAVE/USD$ 152.41 7.20%
IMX/USD$ 1.33 0.45%
FIL/USD$ 3.58 3.19%
ARB/USD$ 0.522687 2.56%
OP/USD$ 1.61 2.85%
CRO/USD$ 0.074259 0.55%