#Bitcoin and other cryptocurrencies dropped after the Federal Reserve's rate reduction and Chairman Powell's remarks on upcoming rate choices.

Significant cryptocurrencies faced declines, with $BTC decreasing nearly 3% to about $110,830, Ethereum falling 4.6%, and Dogecoin dropping nearly 4%.

BTC

88,154.17

-0.98%

#Bitcoin BTCUSD -1.48% and various other cryptocurrencies declined on Wednesday as investors concentrated on the Federal Reserve, U.S.-China trade discussions and upcoming earnings reports.

#Bitcoin's price decreased by nearly 3% in the last 24 hours, reaching approximately $110,830. Numerous major altcoins were declining: #Ethereum $ETH ETHUSD -2.14% declined 4.6%,

ETH

2,961.04

-1.26%

$XRP XRPUSD -2.71% fell 2.3%, and Solana decreased by 2.9%. Dogecoin DOGEUSD -4.16%, emecoin, decreased by almost 4%.

XRP

1.8766

-1.15%