Crypto Prices: According to sources, significant volatility is being observed in the cryptocurrency market ahead of the Federal Reserve Open Market Committee meeting. Investors are adopting a cautious approach before the Fed’s decision on interest rates. Bitcoin, Ethereum, Solana, and several other major digital assets are experiencing sharp fluctuations. Although a slight upward trend was seen this morning, the market remains under pressure weekly. Meanwhile, investor interest in BNB has increased due to reduced regulatory risks.

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Increased Concerns in the Crypto Market Ahead of the Fed Meeting

Uncertainty is growing in the market ahead of the crucial US Fed meeting on December 9th and 10th. Investors are trying to predict whether the Fed will cut interest rates or not, and this uncertainty is the main reason for the price fluctuations.

Current Price of Bitcoin

The world’s largest cryptocurrency, Bitcoin, is experiencing continuous fluctuations. According to the latest data, its price has fallen to $90,393.63, compared to $91,672.26 the previous day. Investors are currently cautious, and everyone’s eyes are on the Fed’s potential decision.

Pi Coin Price

Pi Coin, which was once in the spotlight for its rapid growth, is currently under pressure. After a 0.7 percent decline in the last 24 hours, its price has fallen to $0.2213. Approximately 8 million tokens are scheduled to be unlocked on December 20th, which will increase the supply and could further impact prices. In addition, recent allegations of fraud have also weakened investor confidence.

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Trends of Ethereum, Solana, and Dogecoin

The second-largest cryptocurrency, Ethereum, registered a 1.02 percent increase in the last 24 hours, reaching a price of $3,119.67. Conversely, Solana saw a 0.78 percent decline, falling to $132.97. Dogecoin registered a slight increase of 0.02 percent, bringing its price to $0.1410. Amidst these movements, Zcash surprised investors with a significant surge of 17.1 percent in the last 24 hours, reaching a value of $408.05.