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@ Yahoo! News - by layer3.news
2025-05-28 21:56:20
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✍️ The crypto market experienced a broad sell-off on May 28 in response to the Federal Reserve's decision to hold interest rates steady, citing high risks of inflation and unemployment.
👉 Global cryptocurrency market cap fell 4.2% to $3.52 trillion
👉 Leading tokens such as Ethereum, XRP, and Solana led the decline
👉 Federal Reserve holds interest rates steady, citing high risks of inflation and unemployment
👉 Probability of a rate cut by the September meeting now at 48.1%
👉 Traders preparing for a prolonged environment of policy tightness
#world
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