Why Crypto Market is Down Today: Fed Decision Sparks Sell-Off Across BTC, ETH, XRP

Crypto market is down today as the

Crypto market is down today as the Federal Reserve– Miran dissented in favor of a 0.25% rate cut
– Hammack,…
pic.twitter.com/shAPgoNFUf

The $1.30–$1.35 zone serves as critical support. A breakdown below this level could accelerate downside toward $1.10. On the upside, resistance stands near $1.70, with a broader supply zone at $2.20–$2.40 acting as a key barrier for any sustained recovery. Until a breakout occurs, XRP remains in a consolidation phase, with volatility compressing and pressure building beneath the surface.

What’s Next for BTC, ETH and XRP

As May unfolds, price action is likely to remain range-bound with a bearish tilt unless key resistance levels are reclaimed. Bitcoin above $82,000, Ethereum above $2,600, and XRP above $1.70 are critical to shift momentum. Until then, rallies may continue to face selling pressure, with markets leaning cautious as participants await clearer signals on policy direction and liquidity conditions.

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