Why Bitcoin, Ethereum, and Solana Are Down This Morning

Why Bitcoin, Ethereum, and Solana Are Down This Morning

Several cryptocurrencies stumbled this morning after a volatile weekend and ahead of the Federal Reserve's first meeting of 2023, which begins tomorrow. Since late afternoon yesterday, the price of the world's largest cryptocurrency, Bitcoin (CRYPTO: BTC), traded close to 3% lower as of 9:02 a.m. ET today, hovering around $23,000. Over the weekend, Bitcoin got close to touching $24,000.