Why Are Bitcoin, Ethereum and XRP Prices Falling Ahead of the Fed Meeting?

Bitcoin fell below $80,000 on Monday as Ethereum, XRP, and Solana also recorded losses. Bitcoin traded at $79,863.55, down 1.6% in 24 hours, while Ethereum dropped 2.7% to $2,310.09 and XRP fell 2.6% to $1.28. The decline comes as traders prepare for a busy week of economic events, including the Federal Reserve’s policy meeting, US PCE inflation data, and earnings reports from major companies. These events could trigger further volatility across the cryptocurrency market. Uncertainty surrounding the Federal Reserve’s upcoming policy decision is weighing on the cryptocurrency market.