Why Is Crypto Down Today? Fed Uncertainty Drives Market Fears
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Markets sink as Fed's decision fuels uncertainty
Anushka Basu Wed, May 28, 2025, 2:02 PM 2 min read The crypto market faced broad selling pressure on May 28 as traders reacted to heightened uncertainty around U.S. interest rate policy. The global cryptocurrency market cap fell 4.2% to $3.52 trillion, with leading tokens such as Ethereum (-1.2%), XRP (-3.6%), and Solana (-4.1%) leading the decline.
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