Bitcoin (BTC) and Ripple (XRP) are experiencing a decline in their prices as investors engage in profit-taking following a rally that occurred after the Federal Open Market Committee (FOMC) meeting. This profit-taking came as a surprising response from traders who sought to capitalize on the previously recorded gains, leading to a downward pressure on both cryptocurrencies. The reaction highlights the volatile nature of the market and indicates how quickly sentiment can shift, particularly after significant events like the FOMC meeting. This latest dip has raised concerns among investors regarding potential future performance, as the market navigates the impacts of Federal Reserve policies and broader economic conditions.
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