Altcoins slipped abruptly on Tuesday when merchants prepared for a wave of economic events, including an interest rate decision of the Federal Reserve that is due on Wednesday.
Leading the package are XRP, Solana (Sol) and Cardano (ADA) that fell more than 3% in the last 24 hours, as well as Dogecoin (Doge), Avalanche (Avax) and Sui (SUI), which have dropped more than 5%.
The sale of continuous sales has dragged approximately 13% in the last seven days. Dege sank even more, approximately 18% during the same period.
Bitcoin (BTC), on the other hand, is traded approximately 24 hours at $ 117,312.
Altcoins have been under pressure since the beginning of last week, since merchants accumulated in leverage bets. A calendar full of economic data is adding stress to crypto and capital markets.
The two -day meeting of the United States Federal Reserve began Tuesday with the Jerome Powell team that is expected to leave the rates without changes once again on Wednesday, despite the pressure of President Donald Trump at lower rates.
Merchants are also looking for Friday, when a new report of non -agricultural payrolls from the United States reaches the market, as well as a series of Trump tariff deadlines.
The American stock annihilated previous profits with the Nasdaq and the S&P 500 now each modestly lower one.
