Citing CryptoDaily, the cryptocurrency market fell over 1% in the past 24 hours amid bearish sentiment and ahead of the upcoming FOMC meeting. Bitcoin (BTC) dropped to $112,255 before recovering slightly to $112,844, while Ethereum (ETH) fell over 2% to $4,016. France is reviewing a proposal to adopt Bitcoin and stablecoins, potentially allocating 2% of its reserves to BTC. Western Union has selected Solana for its stablecoin settlement system, with the USDPT expected to launch in 2026. US stocks rallied ahead of the Fed’s rate cut decision, with the S&P 500 and Nasdaq hitting record levels.
Crypto Market Falls Over 1% Amid FOMC Jitters, France Considers BTC Reserves
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