Market Reacts to FED Interest Rate Decision

Market Reacts to FED Interest Rate Decision

The cryptocurrency market experienced volatility following the announcement of the FED's interest rate decision. Bitcoin's price dropped from $69,900 to $68,000, triggering a decline in altcoins.

PEPE Coin's Price Movement

PEPE, a cryptocurrency that has gained attention in recent weeks, faced selling pressure after reaching its all-time high. However, following the FED's decision, PEPE's price increased by over 1% to $0.00001311. This suggests that investors may be taking a break from selling the cryptocurrency.

PEPE's market capitalization rose to $5.5 billion, while its 24-hour trading volume increased by 5.80% to $1.4 billion.

Not Coin's Performance

Not Coin, a Telegram bot that emerged on the TON network, quickly gained attention and was listed on major exchanges. Its price surged to $0.037 before pulling back.

Currently, NOT's price is $0.01813, following a 13.82% increase in the last 24 hours. Its market capitalization stands at $1.8 billion, and its 24-hour trading volume has increased by 45% to $1.2 billion.

Shiba Coin's Price in Turkish Lira

SHIB, the second-largest meme coin after DOGE, has shown resilience against the market trend. Its price increased by 2.68% in the last 24 hours to $0.00002221.

In Turkish lira, SHIB's price is currently 0.00072110 TL. Its market capitalization remains above $13 billion, while its 24-hour trading volume has increased by 4% to $850 million.