The cryptocurrency market capitalization has dipped below $4 trillion, with 92 of the top 100 coins experiencing losses as investors await the Federal Reserve's interest rate decision.
The cryptocurrency market has declined, with 92 of the top 100 coins in the red and the total market cap dropping by 4.8% to $3.95 trillion. Bitcoin trades at $118,159, while Ethereum is at $3,817. The SEC has approved in-kind redemptions for spot bitcoin and ether ETFs, contributing to significant inflows. The market sentiment remains cautious as investors focus on upcoming economic data and the Federal Reserve's decision on interest rates.