Guavy AI Editorial TeamSentiment: -2Clout: 72

Cryptocurrency Market Sees Significant Decline Amid FOMC Anxiety

The cryptocurrency market has witnessed a decline in value, with an overall decrease of over 2.5% in market capitalization over the past 24 hours.

This downturn is largely attributed to outflows from U.S.-listed Bitcoin and Ethereum Spot ETF products, which saw net outflows of $263 million and $50 million respectively on Monday.