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DOGE, XRP Down 3% as Bitcoin Traders Eye Wednesday Fed Decision

CoinDesk LogoCoinDesk14h ago

DOGE, XRP Down 3% as Bitcoin Traders Eye Wednesday Fed Decision - CoinDesk

Quick Summary:

Analysts from QCP Capital suggest that while a rate cut is unlikely, any dovish signal could ignite upside momentum for bitcoin, potentially lifting altcoins in its wake.

The CoinDesk 20 Index (CD20), a measure of the broader crypto market, fell 2%.

The Federal Reserve’s decision on interest rates — widely expected to remain unchanged at 4.25%–4.50% — and any comments from Chair Jerome Powell could sway investor sentiment.


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Article Details

Author / Journalist: Shaurya Malwa

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-18 @ 12:32:35 (14 hours ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Article Length: 479 words

Reading Time: 3 minutes read

Sentences: 25 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 27149472

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About CoinDesk

CoinDesk Logo

Main Topics: Crypto

Official Website: coindesk.com

Update Frequency: 26 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #8

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  • URL: https://beamstart.com/news/doge-xrp-down-3-as-17423025839834

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