Bitcoin, Ethereum and Dogecoin appeared to be under pressure at press time, as the global cryptocurrency market cap inched down 0.05% to $1.7 trillion ahead of a key policy meeting of the U.S. Federal Reserve.
Price Performance Of Major Coins
Coin
24-hour
7-day
Price
Bitcoin (CRYPTO: BTC)
-0.6%
-5%
$38,484.45
Ethereum (CRYPTO: ETH)
-0.3%
-5.5%
$2,849.70
Dogecoin (CRYPTO: DOGE)
-1.9%
-16.6%
$0.13
Top 24-Hour Gainers (Data via CoinMarketCap)
Cryptocurrency
24-Hour % Change (+/-)
Price
Helium (HNT)
+4.15%
$14.28
UNUS SED LEO (LEO)
+3.6%
$5.75
OKB (OKB)
+3.5%
$18.88
See Also: How To Get Free NFTs
Why It Matters: Cryptocurrencies lost upward momentum along with U.S. futures. The S&P 500 and Nasdaq futures were down 0.07% and 0.15%, respectively, at press time.
The 10-year Treasury yield hit a high of 3.01% during Monday’s session touching levels not seen since Dec. 3, 2018, according to a CNBC report.
Ahead of The Federal Open Market Committee meeting on Wednesday, where investors are watching for a possible 75 basis point interest rate hike, the dollar index — a measure of the U.S. unit’s strength against six other currencies — shot up to 103.72, the highest since December 2002, according to a Reuters
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