Cryptocurrency Market Dips Amid Fed Rate Decision

The cryptocurrency market has been experiencing a downturn in recent days, with the US Federal Reserve's decision to keep interest rates steady contributing to inflation worries.

As a result, Bitcoin saw a 1.7% drop in value, plummeting to $75,600 on Thursday.

Ethereum also felt the impact, trading close to $2,200 and affecting prices in India where it is valued at around ₹71.4 lakh for Bitcoin and ₹2.13 lakh for Ethereum.