Crypto News Today: BTC, ETH, XRP Slide After Fed Decision Keeps Rates Unchanged

Bitcoin (BTC), Ethereum (ETH), and XRP fell on October 29 as an initial crypto rebound after the Federal Reserve’s rate decision faded into renewed selling. The Federal Open Market Committee (FOMC) kept interest rates unchanged on October 28, but its assessment of inflation and economic growth offered few reasons to expect an immediate shift toward monetary easing. At 03:34 UTC on October 29, CoinPaprika data showed Bitcoin trading near $79,732, Ethereum at $2,303, and XRP at $1.29. The figures represented 24-hour declines of 1.42%, 2.09%, and 3.03%, respectively. The broader cryptocurrency market capitalization also fell 1.41% to approximately $2.80 trillion.