Summary
TLDR: Bitcoin and Ethereum traders had a tough day as markets closed in the red. Uncertainty surrounds the upcoming U.S. Federal Reserve meeting and its impact on interest rates. Both stocks and digital assets are affected by this uncertainty. Bitcoin is currently trading at $51,162 with a potential decline, while Ethereum faces resistance at $3,000. Despite this, overall sentiment for Bitcoin remains bullish, while Ethereum continues to show resilience and bullish momentum.
Key Points
1. Today has been a challenging day for Bitcoin and Ethereum traders, as markets closed in the red amidst uncertainty about the U.S. Federal Reserve’s upcoming decisions.
2. The Dow Jones, S&P 500, and Nasdaq all experienced declines, reflecting the overall market sentiment and caution among investors.
3. Bitcoin saw a 2% decline, trading at $51,162, while Ethereum faced rejection at the $3,000 mark and retraced to $2,880 before a modest recovery to $2,900.