Bitcoin is currently trading at $29,038 and has dipped by 3.47% so far today, likely due to market anticipation of the Federal Reserve’s interest rate announcement on July 26.
The broader cryptocurrency market is also experiencing declines. Ether, the second-largest crypto, is down 2.39% and trading at $1,844.
Other major cryptos, such as Ripple and Binance Coin, have also fallen, dropping 4.89% and 1.98%, respectively….
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