The cryptocurrency market is experiencing rapid fluctuations. Uncertainty surrounding the US Federal Reserve meeting has increased in the crypto market. Let's take a look at the crypto market situation...

Crypto investors are increasingly cautious, with the impact of US Fed meeting visible

Crypto Market Update: The cryptocurrency market experiences rapid fluctuations. Investors can make gains or lose millions or even crores of rupees in a matter of days or even hours. Uncertainty has increased in the crypto market regarding the US Federal Reserve Bank meeting.

Bitcoin, the world's largest and oldest cryptocurrency, and other cryptocurrencies are also experiencing rapid changes. The crypto market has seen a decline over the past week. However, a slight uptick is currently being observed in the market. Let's take a look at the status of Bitcoin and other cryptocurrencies...

The state of Bitcoin and other cryptocurrencies

According to CoinMarketCap, Bitcoin was trading at $90,460.31 at around 2:15 p.m. on Tuesday. Bitcoin had fallen 1.43 percent in the past 24 hours. However, it has gained 4.47 percent over the past week.

The Ethereum cryptocurrency was trading at $3,118.49. It was down 0.21 percent in the last 24 hours. Tether also fell 0.03 percent and was trading at $0.9999. The XRP and BNB cryptocurrencies also fell 1.33 and 1.99 percent in the last 24 hours. The Solana cryptocurrency also fell 2.19 percent and was trading at $133.10.

Investors cautious ahead of US Fed meeting

Investors are adopting a cautious approach ahead of the two-day US Fed meeting on December 9th and 10th. Uncertainty persists regarding the outcome of the meeting, leading investors to invest cautiously.