Bitcoin, Ethereum, XRP dip as Fed keeps interest rate unchanged

Bitcoin, Ethereum, XRP dip as Fed keeps interest rate unchanged

As expected, the Federal Reserve left interest rates unchanged at 4.25%-4.50% on July 30. The crypto market immediately dipped in reaction to the development.

All the leading cryptocurrencies fell into the red zone within minutes of the Fed announcement. Bitcoin was trading at $117,681.80, Ethereum was trading at $3,797.80, and XRP was trading at $3.11.

This is a developing story.

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