Ethereum falls nearly 6% following Fed's decision to hold rates steady amid ETH ETF outflows – FXStreet

Ethereum experienced a significant drop of almost 6% after the Federal Reserve announced its decision to keep interest rates unchanged. This decline was further exacerbated by outflows from Ethereum ETFs. The market reacted swiftly to the Fed’s decision, causing a noticeable decrease in Ethereum’s value. This news highlights the interconnectedness of global financial markets and how decisions made by central banks can impact cryptocurrency prices. Investors are closely monitoring these developments as they navigate the ever-changing landscape of digital assets.

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