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The Economic Times

Surbhi Khanna

Bitcoin slips below $59,000 as strong dollar and Fed uncertainty weigh on sentiment

US Federal Reserve Bitcoin Tron ETF United States Cardano Ethereum Solana

Bitcoin slipped below the $59,000 mark on Wednesday as a strong dollar and uncertainty over the US Federal Reserve weighed on market sentiment. The cryptocurrency was trading at $59,103.

In the past 24 hours, Bitcoin was down 0.49% and Ethereum was up 0.15% to trade at $1,590 mark. Among the major altcoins, BNB, Tron, Hyperliquid slipped up to 1% whereas XRP, Solana, Dogecoin and Cardano gained upto 4.36%.

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